The parties will collaborate exclusively in immuno- oncology for an initial period of approximately two years, with an option for Curis to extend the broad immuno-oncology exclusivity, DRL said in a press release.
For the first two programmes, Curis has agreed to make payments of up to USD 52.5 million per programme including USD 42.5 million for approval and commercial milestones, plus pre-specified approval milestone payments for additional indications, if any, to Aurigene.
"The partnership draws from each company's respective areas of expertise, with Aurigene having the responsibility for conducting all discovery and preclinical activities, including IND-enabling studies and providing Phase 1 clinical trial supply, and Curis responsible for all clinical development, regulatory and commercialisation efforts worldwide, excluding India and Russia," the release said.
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