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Medicenna Therapeutics, Inc

Drug Names(s): IL-4 PE, NBI-3001, PRX-321

Description: NBI-3001 is a recombinant fusion of the cytokine IL-4 and a Pseudomonas exotoxin. The protein binds to the IL-4 receptor and can kill cells expressing this receptor.

IL-4 receptors are enriched on certain brain tumor cells. NBI-3001 is administered using catheter directly to regions of the brain near the tumor.

Deal Structure: In December 2002, Neurocrine announced plans to license NBI-3001 to a partner. In July 2006, Protox Therapeutics acquired the program from Neurocrine and the U.S. Public Health Service (PHS). Protox has committed to pay PHS and Neurocrine, for the license and corresponding assets, up to US$2 million through 2009. In addition, Protox will pay PHS up to US$4 million in future milestone payments (based on the compound receiving FDA approval for at least three indications), as well as royalties on commercial sales.

Medicenna acquired MDNA55 from Protox.

Partners: Neurocrine Biosciences, Inc.

MDNA55 News

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