APC Therapeutics licensed its small-molecule anticancer compound to Glenmark Pharmaceuticals to further its development, GEN reports.
Here's what you should know:
1. Glenmark could use the compound as a monotherapy or in combination with approved treatments.
2. The companies didn't disclose the deal's terms.
3. The compound is currently in a phase II proof-of-concept study.
4. APC Therapeutics Co-Founders Vinod Patel and Venkateshwar Reddy said to GEN, "Glenmark is an ideal partner to advance such an important scientific breakthrough treatment to patients with cancer."
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