David Veitch, Basilea CEO

Thanks for Nodus-ing: Basilea hands off pre­clin­i­cal on­col­o­gy pro­gram for $248M in on­go­ing an­ti-in­fec­tives piv­ot

Looks like Basilea Phar­ma­ceu­ti­ca is get­ting clos­er to its fi­nal days as an on­col­o­gy com­pa­ny.

The Switzer­land-based Roche off­shoot said Thurs­day that it had sold the com­pa­ny’s pre­clin­i­cal PARG check­point in­hibitor pro­gram to UK-based Nodus On­col­o­gy. PARG, or poly(ADP-ri­bose) gly­co­hy­dro­lase, is an en­zyme used to re­pair DNA dam­age and had been in­ves­ti­gat­ed as a po­ten­tial on­col­o­gy tar­get. Nodus will be part­ner­ing with Ger­man re­search in­sti­tute Lead Dis­cov­ery Cen­ter GmbH to con­tin­ue de­vel­op­ment of the pro­gram.

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