Genor Signs $46 Million In-licensing Deal for Breast Cancer Candidate

On June 23, 2020 Genor Biopharma, a Shanghai immunotherapy company, reported that in-licensed rights to a CDK4/6 inhibitor designed to combine with other IO therapies (Press release, Genor Biopharma, JUN 23, 2020, View Source [SID1234561392]). Genor agreed to a $46 million deal with G1 Therapeutics of North Carolina to acquire Southeast Asia rights (ex-Japan) to lerociclib. The company will pay $6 million upfront and up to $40 million in milestones, plus royalties for the candidate. Genor expects to test lerociclib as a treatment for breast and lung cancers.

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