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Prometheus gets US rights to Novartis' Proleukin

Executive Summary

Just weeks after executing a $260mm credit facility, Prometheus Laboratories (cancer and gastrointestinal therapeutics and diagnostics) is using some of those proceeds to license exclusive US marketing and distribution rights to Novartis' marketed drug Proleukin (aldesleukin), a recombinant IL-2 protein for adults with metastatic melanoma and metastatic kidney cancer.
Deal Industry
  • Biotechnology
    • Large Molecule
  • Pharmaceuticals
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • R+D and Marketing-Licensing
    • Reverse Licensing

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