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  • Dong-A ST finished Abbvie¡¯s ₩48 billion down payment
  • by Lee, Seok-Jun | translator Choi HeeYoung | Jan 17, 2020 06:24am
Recognition of 'DA-4501' LO down payment by last November
The two companies set up a 36-month relationship
Preliminary clinical trials begin in the first quarter as soon as the pipeline drug is identified
Dong-A ST completed a 36-month split recognition of the Abbvie technology export contract of $40 million (about ₩48 billion).

The 36 months is a period in which the two companies are considering the selection of pipelines. In other words, the preclinical study has countdown on the assumption that the pipeline has been successfully derived.

Dong-A ST transferred the technology of MertaK inhibitor DA-4501 in the process of pipelines to Abbvie in December 2016. MerTK inhibitors are a new mechanism of immunological anticancer drugs that inhibit the activity of MerTK (MerTyrosine Kinase) protein and help the immune system.

According to the industry on the 15th, Dong-A ST completed the 36-month split recognition
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