RE: ON and UP!!!! ;-))))22 Jan 2021 07:17
October 26, 2020
News briefing: AstraZeneca follows Amgen down KRAS/SHP2 combo path;
Revolution Medicines is adding AstraZeneca to its roster of clinical collaborators, lending its lead drug, RMC-4630, for a study pairing it with the pharma giant’s KRAS G12C program.
AstraZeneca will sponsor and conduct the study once its now preclinical drug is ready for human studies, an arrangement similar to the deal Revolution has with Amgen on sotorasib.
“Drug combinations are likely to be critical for defeating inherent drug resistance mechanisms exploited by RAS-addicted cancers,� CEO Mark Goldsmith said in a statement.
An allosteric SHP2 inhibitor, RMC-4630 attracted Sanofi for a partnership that involved $50 million upfront, 80% of the R&D cost, and a swath of milestones adding up to $520 million. Revolution is also working on a pipeline — from its buyout of Warp Drive Bio — of drugs that directly inhibit oncogenic RAS(ON) variants, including KRASG12C(ON) and KRASG12D(ON).
htTps://endpts.com/news-briefing-astrazeneca-follows-amgen-down-kras-shp2-combo-path-vallon-pharmaceuticals-files-for-17-million-ipo/
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December 21, 2020
Financing
China
Months afÂter strikÂing SHP2 deal with AbÂbÂVie, JaÂcoÂbio pulls in $174M+ from Hong Kong IPO
The seaÂsoned crew at JaÂcoÂbio has raised $174.1 milÂlion on its HKEX deÂbut, fuÂelling a pipeline anÂchored by two AbÂbÂVie-partÂnered alÂlosteric SHP2 inÂhibitors.
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AbbVie and Jacobio Announce Strategic Collaboration to Advance SHP2 Inhibitors
News provided by
AbbVie
Jun 01, 2020, 01:00 ET
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NORTH CHICAGO, Ill. and BEIJING, June 1, 2020 /PRNewswire/ -- AbbVie (NYSE:ABBV), a research-based global biopharmaceutical company, and Jacobio Pharmaceuticals, a clinical-stage pharmaceutical company, today announced a global, strategic collaboration to develop and commercialize SHP2 inhibitors, which target a key node in cancer and immune cells.
SHP2 is an important protein mediator of cellular signaling through RAS/MAP kinase pathway. Many tumors have genetic mutations, driving abnormal cancer cell growth which relies on SHP2 activity. SHP2 also plays a key role to control cytokine production and immune cell response. Therefore, inhibition of SHP2 is believed to have dual effects by potentially reducing cancer cell growth and modulating immune responses to generate anti-tumor activities. Jacobio's early clinical stage SHP2 assets, JAB-3068 and JAB-3312, are oral small molecules designed to specifically inhibit SHP2 activity.