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Initiates second phase of Phase I/II study
May 30, 2012
By: Tim Wright
Ardea Biosciences has earned a $7.5 million milestone from Bayer HealthCare under an April 2009 license agreement to develop and commercialize Ardea’s mitogen-activated ERK kinase (MEK) inhibitor compounds for cancer and other indications. The milestone was triggered by the initiation of the second phase of a previously reported Phase I/II study evaluating BAY 86-9766 in combination with gemcitabine for the treatment of advanced pancreatic cancer.
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