With eyes on Keytruda patent cliff, Merck takes a $290M swing at prostate cancer
As the megablockbuster Keytruda is set to lose exclusivity in 2028, Merck has been furiously trying to shore up its pipeline prospects. A new deal announced Wednesday marks a big step toward that goal.
In one of the biggest licensing deals of the year, the Big Pharma company is dropping $290 million upfront to team up with Orion on an experimental prostate cancer drug. The program, known as ODM-208, is an oral inhibitor of the CYP11A1 enzyme, which Orion says is designed to tamp down the steroid hormones implicated in the disease.
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