On December 14, 2023 Nerviano Medical Sciences S.r.l. (NMS), a clinical-stage biotechnology company member of NMS group, reported the signing of a license agreement with Italfarmaco S.p.A. (ITF), a specialty pharmaceutical company, to develop and commercialize a novel peptide-drug conjugate (PDC) (Press release, Nerviano Medical Sciences, DEC 14, 2023, View Source [SID1234638569]).
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Under the terms of the agreement, ITF will use NMS’s proprietary linker-payload technology to develop a novel PDC product candidate. NMS has implemented linker-payload GMP manufacturing and supply at a CDMO referred by NMS. ITF will be responsible for generating the target peptide and all non-clinical, clinical, and commercialization activities related to any resulting proprietary product candidates. Financial details of the agreement have not been disclosed.
"NMS’s cutting-edge linker-payload technology will allow us to develop new peptide drug conjugates for the treatment of oncology indications with high unmet medical need, leveraging Italfarmaco’s state-of-the-art GMP peptide production capabilities," stated Christian Steinkühler, PhD, Italfarmaco Group’s Chief Scientific Officer. "This is an important milestone in our mission to generate a highly diversified pipeline of innovative medicines."
"We are pleased that ITF, a company with a long-standing heritage both from pharmaceutical and chemical sectors, has selected our linker-payload first platform for developing a truly novel peptide-drug conjugate. This is a significant step to broaden the applicability of our technology," said Hugues Dolgos, PharmD, Chief Executive Officer of NMS and NMS Group.