Sorrento Enters Into Merger Agreement to Acquire Late-Stage Oncology Company ACEA Therapeutics

Published Apr 05 2021 at 1:00 PM GMT
Key
Points
  • ACEA's major assets include: Abivertinib (in oral capsule form), a next generation, dual EGFR mutant and BTK inhibitor (BTKi) with a completed NSCLC registrational/Phase 3 trial, Phase 1 B-cell lymphoma study, and ongoing Phase 2 trials in COVID-19 patients with ARDS, and Phase 2 studies for prostate cancer, systemic lupus erythematosus and the ultra-orphan indication of hairy cell leukemia.
  • AC0058, a brain-penetrating, next generation BTK inhibitor in a Phase 1b Lupus trial and IND-enabling studies for multiple sclerosis.
  • AC0939, a next generation FLT-3 inhibitor, is near completion of IND-enabling studies for potential CNS indications.
  • A 1,000,000+ compound library of small molecules and proprietary discovery platform for screening and optimizing potent drug candidates for potential indications in oncology, autoimmune diseases, CNS diseases and infectious diseases.
  • A biopharma campus of over 23 acres of land with cGMP facilities for producing APIs and capsules for existing and future drug products.




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  • Published Apr 5, 2021 1:00 PM GMT