Pfizer Signs Licensing Agreement with Puma
Puma Biotechnology will assume sole responsibility for global development and commercialization of neratinib which is being studied for the treatment of cancer.
Pfizer Inc. has signed an agreement with Puma Biotechnology, Inc. for the development and commercialization of an investigational oral, multi-targeted inhibitor of the ErbB1 (EGFR), ErbB2 (HER2) and ErbB4 (HER4) kinases.
Puma, a development-stage biopharmaceutical company, will assume sole responsibility for global development and commercialization of neratinib which is being studied for the treatment of cancer.
Pfizer will be entitled to receive payments upon Puma's achievement of certain development milestones for neratinib, as well as royalty payments for any sales of neratinib.
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