Roche licenses KSQ's PhI cancer small molecule, with cash infusion to help bankroll biotech's TIL cell therapies
KSQ Therapeutics quickly lined up another Big Pharma partnership, this time allying with Roche in oncology, and it plans to use the cash windfall to fund a clinical entry next year for its internal TIL cell therapies.
The Lexington, MA-based biotech said Thursday it is out-licensing its clinical-stage small molecule inhibitor KSQ-4279 in exchange for a “very nice upfront and very nice short-term milestones,” as well as potential royalties, KSQ CEO Qasim Rizvi told Endpoints News. Roche nabbed the worldwide rights.
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