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Curis Gets $3M Payment for Cancer Drug Candidate

By Pharmaceutical Processing | July 6, 2010

CAMBRIDGE, Mass. (AP) — Drug developer Curis Inc. said today it will receive a $3 million payment from Debiopharm S.A. for work on a drug candidate aimed at treating cancer.

Curis will receive the payment from its licensee, Debiopharm, because a fifth patient was treated in an early stage study that focused on safety and dosing. T

he drug candidate is Debio 932, formerly called CUDC-305.

Curis’ revenue reached $8.6 million in 2009.

 

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