BMS Licenses IL-12 from Dragonfly in $475 Million Upfront Deal

August 17, 2020

Aug 17, 2020 By Alex Keown

Bristol Myers Squibb plunked down $475 million for the exclusive license to Dragonfly Therapeutics’ interleukin-12 (IL-12) investigational immunotherapy program, including its extended half-life cytokine DF6002 as a potential treatment for solid and hematological cancers.

Dragonfly’s DF6002 is a monovalent IL-12 immunoglobulin Fc fusion protein proposed to achieve strong anti-tumor efficacy by establishing an inflammatory tumor microenvironment necessary for productive anti-tumor responses. In July, Dragonfly launched a Phase I/II study in advanced solid tumors.

Full news article can be found here.