APC Therapeutics licenses small-molecule anticancer compound to Glenmark Pharmaceuticals — 4 key notes

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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