Lisata Terminates Exclusive License Agreement with Qilu Pharmaceutical
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
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Lisata Therapeutics has mutually terminated the February 2021 Exclusive License and Collaboration Agreement with Qilu Pharmaceutical. The original agreement, negotiated and implemented with CEND Therapeutics and assumed by Lisata as part of its acquisition of CEND Therapeutics in 2022, granted Qilu exclusive rights to develop and commercialize certepetide, Lisata's proprietary iRGD cyclic peptide product candidate, in the Greater China region including Mainland China, Hong Kong, Macau, and Taiwan. This action results in all licenses and other rights granted to Qilu reverting to Lisata. Notwithstanding, Qilu maintains its obligations, regulatorily or otherwise, to complete and wind down their ongoing Phase 2 clinical study evaluating certepetide in combination with standard-of-care chemotherapy in metastatic pancreatic ductal adenocarcinoma. Lisata has agreed to negotiate with Qilu the potential licensing of relevant study data from this trial, as appropriate.
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Analyst Views on LSTA
About LSTA
Lisata Therapeutics, Inc. is a clinical-stage pharmaceutical company engaged in the discovery, development and commercialization of therapies for the treatment of advanced solid tumors and other major diseases. The Company’s cyclic peptide product candidate, certepetide, is an investigational drug designed to activate a novel uptake pathway that allows co-administered or tethered anti-cancer drugs to selectively target and penetrate solid tumors more effectively. Certepetide actuates this active transport system in a tumor-specific manner, resulting in systemically co-administered anti-cancer drugs penetrating and accumulating in the tumor, while normal tissues are expected to remain unaffected. The Company’s investigational drug candidate from the CendR Platform, certepetide, holds broader potential to be combined as a co-administration treatment with an array of anti-cancer and diagnostic agents to benefit solid tumor cancer patients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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