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Business
Curis, Aurigene Join For Oncology Drugs
by Michael McCoy
January 26, 2015
| A version of this story appeared in
Volume 93, Issue 4
Curis has signed an agreement giving it the right to license multiple small-molecule oncology drug candidates discovered by India’s Aurigene Discovery Technologies. The first two compounds up for license are an antagonist of PD-L1 in the immuno-oncology field and an inhibitor of IRAK4 in the precision oncology field. Curis has issued to Aurigene shares of Curis stock valued at roughly $25 million and will make up to $42.5 million in milestone payments for each of the two programs.
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