Trending...
- Allotex Announces New Investor and Expansion of Production Facilities USA - English USA - English
- "Street Fighter™ 6" Panel Announced for December 2nd at Los Angeles Comic Con; The Music of Street Fighter 6: A Special Look at the Video Game
- Boston: Community Meeting #2: Design Options for new Dorchester Center 12/13/23
LEXINGTON, Mass.--(BUSINESS WIRE)--KSQ Therapeutics, a clinical-stage biotechnology company developing therapies to treat cancer and autoimmune diseases using its proprietary, integrated discovery CRISPRomics platform, announced today that Ono Pharmaceutical Co., Ltd. ("ONO"), has acquired multiple research-stage DNA damage response (DDR) programs identified using KSQ's CRISPRomics platform technology. All the programs are novel and have the potential to become first-in-class therapies.
"This acquisition of multiple research-stage oncology programs by ONO is further validation of the power of our platform to identify novel oncology targets and develop potential first-in-class programs," said Qasim Rizvi, Chief Executive Officer of KSQ. "This is an important transaction for KSQ, enabling us to focus on our other programs. We look forward to watching ONO's progress as they advance these programs toward clinical studies."
"ONO appreciates the ability of KSQ's CRISPRomics platform technology to discover novel therapeutic targets with high selectivity for cancer cells," said Toichi Takino, Senior Executive Officer / Executive Director, Discovery & Research of ONO. "Through this acquisition agreement, we expect that the programs acquired from KSQ will lead to the creation of innovative medicines that will help treat cancer patients."
More on Boston Chron
Under the terms of the agreement, ONO will provide KSQ a double-digit million upfront and potential near-term milestone payments with potential long-term value into the triple-digit millions as well as royalties based on net sales.
About KSQ Therapeutics
KSQ Therapeutics is advancing a pipeline of tumor- and immune-focused drug candidates to treat cancer and autoimmune disease across multiple drug modalities, including targeted therapies, adoptive cell therapies, and immunotherapies. KSQ's proprietary CRISPRomics® discovery engine enables genome-scale, in vivo validated, unbiased drug discovery across broad therapeutic areas. For more information, please visit the company's website at www.ksqtx.com and follow @ksq_tx on Twitter.
More on Boston Chron
About Ono Pharmaceutical Co., Ltd.
Ono Pharmaceutical Co., Ltd., headquartered in Osaka, is an R&D-oriented pharmaceutical company committed to creating innovative medicines in specific areas. Ono focuses its research on oncology, immunology, neurology and specialty research with high medical needs as priority areas for discovery and development of innovative medicines. For further information, please visit the company's website at https://www.ono-pharma.com/en.
Contacts
Media:
Cory Tromblee
cory@scientpr.com
"This acquisition of multiple research-stage oncology programs by ONO is further validation of the power of our platform to identify novel oncology targets and develop potential first-in-class programs," said Qasim Rizvi, Chief Executive Officer of KSQ. "This is an important transaction for KSQ, enabling us to focus on our other programs. We look forward to watching ONO's progress as they advance these programs toward clinical studies."
"ONO appreciates the ability of KSQ's CRISPRomics platform technology to discover novel therapeutic targets with high selectivity for cancer cells," said Toichi Takino, Senior Executive Officer / Executive Director, Discovery & Research of ONO. "Through this acquisition agreement, we expect that the programs acquired from KSQ will lead to the creation of innovative medicines that will help treat cancer patients."
More on Boston Chron
- GULF OIL AND BOSTON CELTICS ANNOUNCE OFFICIAL PARTNERSHIP
- ASI Acquires Clowder®, the Leading Association and Membership Mobile App Platform
- Blue Wireless Partners with Connectbase to Bring Global Fixed Wireless Access to the Connectivity Market USA - English USA - English
- Greg Lindberg Explores in Latest Book the Science of Quantum Biology and Its Impact on Human Life
- Steeped in Tradition: USAA Kicks Off 124th Army-Navy Game Celebrations in a Massive Way, Honoring 250th Anniversary of the Boston Tea Party
Under the terms of the agreement, ONO will provide KSQ a double-digit million upfront and potential near-term milestone payments with potential long-term value into the triple-digit millions as well as royalties based on net sales.
About KSQ Therapeutics
KSQ Therapeutics is advancing a pipeline of tumor- and immune-focused drug candidates to treat cancer and autoimmune disease across multiple drug modalities, including targeted therapies, adoptive cell therapies, and immunotherapies. KSQ's proprietary CRISPRomics® discovery engine enables genome-scale, in vivo validated, unbiased drug discovery across broad therapeutic areas. For more information, please visit the company's website at www.ksqtx.com and follow @ksq_tx on Twitter.
More on Boston Chron
- Putnam Investments Announces 19(a) Notices for Closed-End Funds
- InventHelp Inventor Develops New Tool Belt for Cedar Shingles & Cedar Shingling Tools (BKC-128)
- Essential Speech and ABA Therapy to Expand Autism Services for a Growing Community
- Local Advocacy Organization, Keep Boston Goat Free, Celebrates Goat Ban in City of Boston
- Alnylam to Webcast Virtual R&D Day
About Ono Pharmaceutical Co., Ltd.
Ono Pharmaceutical Co., Ltd., headquartered in Osaka, is an R&D-oriented pharmaceutical company committed to creating innovative medicines in specific areas. Ono focuses its research on oncology, immunology, neurology and specialty research with high medical needs as priority areas for discovery and development of innovative medicines. For further information, please visit the company's website at https://www.ono-pharma.com/en.
Contacts
Media:
Cory Tromblee
cory@scientpr.com
Filed Under: Business
0 Comments
Latest on Boston Chron
- Shields Health Solutions Awards Two Resident Research Grants to Advance Health System Specialty Pharmacy
- Founder Brings Inaugural Event To Braselton Georgia At Legendary Resort and Winery
- Projections Show HIV Global Markets for Diagnostics and Therapeutics to Hit $39.3 Billion by 2028, BCC Research Reveals
- HBCUs Among Groups Heading to The Bahamas for Track & Field Competition in March 2024
- Noble World Foundation Proposes UN Security Council Reform to Foster Global Peace
- Massachusetts: Governor Healey and Other Leaders of the Reproductive Freedom Alliance Urge Federal Government to Require Health Plan Coverage for All Contraception
- India Fest 2024 on Jan 27, 2024 at KY Expo Center
- Boston: Latest Updates from the Mayor's Office of Housing: December 1, 2023
- Massachusetts: Press Statement Governor Healey, Secretary Santiago Issue Statement on Passing of Staff Sgt. Jacob Galliher
- Genuine Hospitality, LLC Adds the Hampton Inn - Columbia, MO to Growing Portfolio
- Boston: Inaugural Community Health Equity Empowerment (CHEE) Fund Recipients Announced
- BofA Report Shows Fewer Prospective Homebuyers Willing to Wait for a Better Market Environment
- REA 'Peace of Mind on the Move' Study achieves Highly Commended recognition in the category Excellence in Coaching by ABP November 2023
- Revolutionizing FEC Chain Stores with Our Cutting-Edge Ordering& Warehousing System
- Boston: Barbados Celebrates 57 Years
- Boston: Honoring National Survivors of Homicide Awareness Month
- State Street to Further Consolidate Operating Model in India
- Media Personality Cyrus Webb celebrates 20 years and over 12,000 guests on Conversations LIVE radio show
- Revolutionizing Interaction: Surface Computing's $257.0 Billion Journey by 2028 - Insights from BCC Research
- Panovolo for macOS is now available