M&A
confidence high
sentiment neutral
materiality 0.50
Emmaus Life Sciences licenses IRAK4 inhibitor KM10544 from Kainos for cancer treatment
Emmaus Life Sciences, Inc.
- Exclusive license for U.S., U.K., EU to Kainos' IRAK4 inhibitor KM10544 for cancers including leukemia, lymphoma, solid tumors.
- Six-figure upfront cash payment; mid-eight-figure milestones; single-digit royalty on net sales; similar sublicensing fee.
- Emmaus plans in-vivo studies, IND-enabling studies, and seeks Orphan Drug Designation.
- Agreement expands existing R&D collaboration between Emmaus and Kainos.