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Drug Names(s): 3M-051

Description: 3M-051 is a toll-like recepter 7/8 (TLR7/8) agonist.

Deal Structure: 3M and Ascend
In December 2013, Ascend entered into an agreement with 3M to evaluate 3M-051 in combination with Ascend's proprietary cancer vaccine technology. Under the terms of the agreement, 3M will provide access to the proprietary TLR7/8 agonist 3M-051 that will be chemically conjugated to Ascends ASN platform. Both companies will contribute to the collaboration with 3M providing good laboratory practices (GLP) and good manufacturing practices (GMP) material for preclinical and clinical studies. These preclinical studies will last up to 12 months. No further terms have been disclosed.

Partners: Ascend Biopharmaceuticals Ltd.

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