Incyte, Knight Therapeutics Ink Distribution Pact For Two Cancer Drugs In Latin America

In this article:
  • Knight Therapeutics Inc has acquired exclusive rights from Incyte Corporation (NASDAQ: INCY) to distribute tafasitamab and pemigatinib (Pemazyre) in Latin America.

  • Related: Incyte's Pemazyre Wins Conditional Approval For Bile Duct Cancer In Canada.

  • Under the agreement terms, Incyte will be responsible for developing, manufacturing, and supplying tafasitamab and pemigatinib.

  • Knight will be responsible for seeking the necessary regulatory approvals distributing both medicines in Latin America.

  • Tafasitamab, in combination with lenalidomide, is approved in the U.S and Europe for relapsed or refractory diffuse large B-cell lymphoma (DLBCL) who are not eligible for autologous stem cell transplant (ASCT).

  • Pemigatinib is approved in the U.S., Europe, and Japan for locally advanced or metastatic cholangiocarcinoma (bile duct cancer) with a fibroblast growth factor receptor 2 (FGFR2) fusion or rearrangement that have progressed after at least one prior line of systemic therapy.

  • Read Next: Back To Back FDA Approval For Incyte - This Time For Jakafi In GVHD.

  • Price Action: INCY stock is down 0.10% at $69.52 during the market session on the last check Thursday.

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