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DuChemBio Co, Ltd., advised by BGM Associates, has signed an exclusive Licensing & Development Agreement with ITM Isotopen Technologien München for Solucin®TRT in South Korea while COMPETE clinical trial sees strong growth in recruitment in the U.S.

19/9/2019

 
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ITM Isotopen Technologien München AG (ITM), a biotechnology and radiopharmaceutical group of companies, and DuChemBio Co, Ltd. (DCB), a leading Korean radiopharmaceutical company, recently announced the conclusion of an exclusive licensing and development agreement for Solucin®Targeted Radionuclide Therapy (TRT) in South Korea. The agreement sets out terms concerning the local development, registration and subsequent commercialization by DCB of ITM’s proprietary brand Solucin®for Targeted Radionuclide Therapy (TRT) in South Korea. Solucin®patient doses will be manufactured and exclusively supplied to DCB by ITM.
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Within the framework of this collaboration, DCB and ITM plan to initiate a local clinical study for ITM’s Solucin®TRT which is expected to begin recruiting patients in 2020. The study concept is based on ITM’s Phase III clinical trial COMPETE, which has recently seen a considerable increase in patients as a result of strong recruitment in the United States in particular. COMPETE involves 42 leading cancer centers in 12 countries, predominantly in Europe, North America, South Africa and Australia.

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