{"id":20727,"date":"2023-03-20T22:55:00","date_gmt":"2023-03-20T14:55:00","guid":{"rendered":"https:\/\/flcube.com\/?p=20727"},"modified":"2025-01-06T23:02:09","modified_gmt":"2025-01-06T15:02:09","slug":"beigene-declines-option-for-leap-therapeutics-dkn-01-development-rights-in-asia","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=20727","title":{"rendered":"BeiGene Declines Option for Leap Therapeutics&#8217; DKN-01 Development Rights in Asia"},"content":{"rendered":"\n<p>US-based Leap Therapeutics Inc. (<a href=\"https:\/\/www.google.com\/finance\/quote\/LPTX:NASDAQ\">NASDAQ: LPTX<\/a>) announced last week that China-based BeiGene Ltd. (<a href=\"https:\/\/www.google.com\/finance\/quote\/6160:HKG\">HKG: 6160<\/a>, <a href=\"https:\/\/www.google.com\/finance\/quote\/688235:SHA\">SHA: 688235<\/a>, <a href=\"https:\/\/www.google.com\/finance\/quote\/BGNE:NASDAQ\">NASDAQ: BGNE<\/a>) had declined to exercise its option to take up development and commercial rights in Asia for DKN-01, Leap&#8217;s anti-Dickkopf-1 (DKK1) monoclonal antibody (mAb). Despite this decision, the two companies will continue to collaborate on an ongoing clinical trial focused on DKN-01 in combination with BeiGene\u2019s PD-1 antibody tislelizumab plus chemotherapy in first-line gastric cancer patients.<\/p>\n\n\n\n<p><strong>Background of the Agreement<\/strong><br>BeiGene signed an agreement with Leap in January 2020, paying USD 3 million upfront to secure the option to take on DKN-01\u2019s development and commercialization in Asia (excluding Japan), Australia, and New Zealand once the drug had completed proof-of-concept studies. If the option had been exercised, the total deal value could have reached up to USD 132 million in combined milestone payouts.<\/p>\n\n\n\n<p><strong>Future Development of DKN-01<\/strong><br>Leap&#8217;s most advanced clinical candidate, DKN-01, continues to be developed by Leap for esophagogastric, gynecologic, and colorectal cancers. The ongoing collaboration on the clinical trial ensures that both companies remain engaged in advancing the therapeutic potential of DKN-01 for cancer patients.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-based Leap Therapeutics Inc. (NASDAQ: LPTX) announced last week that China-based BeiGene Ltd. (HKG: 6160,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[185,2092,16,847,3063,846,3064,3046,848],"class_list":["post-20727","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-beigene","tag-beone-medicines","tag-cancer","tag-hkg-6160","tag-leap-therapeutics","tag-nasdaq-bgne","tag-nasdaq-lptx","tag-nasdaq-onc","tag-sha-688235"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BeiGene Declines Option for Leap Therapeutics&#039; DKN-01 Development Rights in Asia - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"US-based Leap Therapeutics Inc. (NASDAQ: LPTX) announced last week that China-based BeiGene Ltd. (HKG: 6160, SHA: 688235, NASDAQ: BGNE) had declined to exercise its option to take up development and commercial rights in Asia for DKN-01, Leap&#039;s anti-Dickkopf-1 (DKK1) monoclonal antibody (mAb). Despite this decision, the two companies will continue to collaborate on an ongoing clinical trial focused on DKN-01 in combination with BeiGene\u2019s PD-1 antibody tislelizumab plus chemotherapy in first-line gastric cancer patients.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=20727\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BeiGene Declines Option for Leap Therapeutics&#039; DKN-01 Development Rights in Asia\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. FLCUBE delivers reliable data, news, and intelligence to broaden your horizons and sharpen your decision-making. 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