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TopoTarget

Company overview
TopoTarget is a Danish biotech company focused on cancer and other cancer-related disorders. It has five clinical development programmes. The lead product, belinostat, is in 19 mid-stage clinical studies (11 of which are sponsored by the NCI).
Date Reports available Download
Feb 09
2010
Belinostat deal
TopoTarget’s co-development deal with Spectrum Pharmaceuticals for its HDAC inhibitor belinostat, signed last week, looks to be a transformative event for the Danish biotech company. The $30m upfront should provide at least two years’ cash, taking it comfortably beyond the potential approval in PTCL (where filing is expected in 2011). Spectrum will pay up to $350m in milestones (mostly sales-related), double-digit royalties and fund 70% of future development costs in exchange for US and Indian rights.
Research type: QuickView
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