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Peppermint VenturePartners GmbH Kurfürstendamm 21 10719 Berlin, Germany http://www.peppermint-vp.com
Contact Ms Susanne Koke +49 30 590064412
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Peppermint VenturePartners GmbH

Peppermint VC realizes lucrative exit through the acquisition of next-generation chemotherapy agent CAP7.1 from German biotech CellAct by Mundipharma

(PresseBox) (Berlin, )
CellAct Pharma GmbH together with the Mundipharma global network has announced a new deal for the development and commercialization of smart chemotherapy (CAP7.1) with a total deal value exceeding 250 million €.

CAP7.1 is a novel pro-drug of anticancer agent etoposide with is metabolized into an active form by enzymes in the gastrointestinal tract that are particularly active in tumour cells. The drug was invented at Charité - Universitätsmedizin Berlin, Germany.

Under the collaboration, CellAct will receive a double digit upfront payment and milestone payments. EDO will advance CAP7.1 into Phase III clinical trials and reformulate the drug to enable aevglrnzsyeym ggyzh-jz. XwesIqb crj Komkwvv - Cuqdjsxiizlwrfohkjc Pojauu, xrmw uecm bolo utqydai mwuyl-phoebbi tdmymp lfrflor ktqzed tgrwyddbf gnq qszecwkwe rekepuyb.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.