Mergers & Acquisitions

Laekna Acquires Exclusive Worldwide Rights to Two Clinical Stage Oncology Assets

Laekna Acquires Exclusive Worldwide Rights to Two Clinical Stage Oncology Assets Laekna to Develop and Commercialize Two Oral Akt Inhibitors with Positive Proof-of-concept Results PR Newswire SHANGHAI, July 31, 2018 SHANGHAI , July 31, 2018 /PRNewswire/ — Laekna Inc., a biotechnology company headquartered in Shanghai , announced today the signing of an agreement with Novartis Pharma AG for exclusive global rights to develop and commercialize two oral Novartis clinical-stage oncology assets. The candidates are oral pan-Akt kinase inhibitors. Over ten clinical Phase I/II studies for afuresertib (ASB183) and uprosertib (UPB795) have been conducted in several cancer indications including ovarian and gastric cancer, multiple myeloma, melanoma, and other indications. […]