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The Hindu·2 min read·medium

Lupin takes 82.2% stake in Kaveri Therapeutics, licences 2 oncology assets for $1.6mn

T
The Hindu Bureau
Lupin takes 82.2% stake in Kaveri Therapeutics, licences 2 oncology assets for $1.6mn
AI Summary

Lupin has acquired an 82.2% stake in Kaveri Therapeutics by licensing two of its oncology programs for $1.6 million. The new company will focus on clinical development for various solid tumor cancers.

Global pharma major Lupin has spun-out two oncology programmes to Kaveri Therapeutics Inc for $1..6 million, taking its stake in the U.S. clinical-stage oncology company to 82.2%.

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