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Menarini Group and Insilico Micine have enter into a second exclusive global licensing agreement for an AIdiscover preclinical asset targeting a high unmet ne in oncology.
This is the second asset that Menarini Group has licens from Insilico Minside
Discover through Insilico Micine’s generative AI platform, and is similar to a preclinicalstage KAT6
inhibitor (MEN2312) licens a year ago; this drug philippines numbers was fasttrack into the clinic.
Under this agreement, Menarini Group will acquire global rights to develop and commercialize the
assets. The transaction includes an initial payment of $20 million and a total value of more than $550 million including all development, regulatory and commercial milestones, with tier royalties thereafter.
FLORENCE, Italy and CAMBRIDGE, Mass. , Jan. 13, 2025 /PRNewswire/ Menarini Group (“Menarini”), a leading international pharmaceutical and diagnostics company and Stemline Therapeutics, Inc About the Consumer.