trending Market Intelligence /marketintelligence/en/news-insights/trending/ixRvuAoh4usFwCmEbUt2Yw2 content esgSubNav
In This List

Novartis to fund oral skin cancer drug

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy


Novartis to fund oral skin cancer drug

Ligand Pharmaceuticals Inc. is partnering with Novartis AG to develop a liquid formulation of Trametinib using its Captisol technology.

Trametinib is used to treat a certain type of skin cancer with Captisol designed to optimize the solubility and stability of drugs.

Novartis will fund the program in exchange for commercialization rights. Ligand will receive an undisclosed license fee as well as royalties on future sales as a result of the agreement.