BioCentury
ARTICLE | Company News

Debiopharm acquires cancer asset IMGN529 from ImmunoGen

May 26, 2017 8:25 PM UTC

The Debiopharm International S.A. unit of Debiopharm Group (Lausanne, Switzerland) said it purchased all rights to cancer therapy DEBIO 1562 (IMGN529) from ImmunoGen Inc. (NASDAQ:IMGN). The deal includes IP covering the development and commercialization of antibody-drug conjugates (ADCs) targeting CD37. DEBIO 1562 is a CD37-targeting antibody linked to ImmunoGen's DM1 cytotoxic agent.

The partners said DEBIO 1562 is ready for Phase II trials for NHL and “particularly” for diffuse large B cell lymphoma (DLBCL). The candidate has completed Phase I testing as monotherapy to treat non-Hodgkin’s lymphoma (NHL) (see BioCentury, June 16, 2014). The product has Orphan Drug designation in the U.S. and EU to treat DLBCL...

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