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Singapore - Agios Pharmaceuticals and Celgene have mutually agreed to terminate their collaboration and license agreement inked on April 27, 2015, to develop and commercialize products containing pan-IDH inhibitor AG-881.
Global rights will revert back to Agios. Celgene will be eligible to receive low single-digit royalties on global net sales and both companies will split certain global development costs until year-end.
For a specific time period (undisclosed), Celgene and its affiliates will be prohibited from developing, manufacturing or commercializing any product containing isocitrate dehydrogenase 1 (IDH1) at specific levels of binding for any indication. Agios will be prohibited from developing, manufacturing or commercializing AG-881 in blood cancers.
The termination comes three months after Agios presented its first data from an ongoing Phase I study (NCT02481154) assessing AG-881 as a single agent in advanced glioma and other solid tumors at the American Society of Clinical Oncology (ASCO) Annual Meeting.