other_material
confidence high
sentiment positive
materiality 0.70
Keros doses first patient in Phase 3 RENEW trial of elritercept; $10M milestone from Takeda
Keros Therapeutics, Inc.
- First patient dosed in Phase 3 RENEW trial of elritercept for adults with transfusion-dependent anemia with very low, low, or intermediate risk MDS.
- Milestone payment of $10 million triggered from Takeda under global license agreement.
- Keros received $200M upfront in Feb 2025; eligible for milestones exceeding $1.1B and tiered royalties.
- RENEW is global, randomized, double-blind, placebo-controlled; primary endpoint is reduction in red blood cell transfusions.
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