Lee’s Pharm signs exclusive OC-3 cancer drug licensing deal with 1cBio for China, Hong Kong, Taiwan, Southeast Asia markets

• Lee’s Pharmaceutical entered an exclusive licensing deal with 1cBio to develop, make, and commercialize cancer drug candidate OC-3 in Greater China.
• Agreement covers Mainland China, Hong Kong, Macau, Taiwan, and selected Southeast Asian markets.
• Lee’s unit will run GLP safety studies and handle manufacturing work needed for regulatory approvals in the covered markets.
• 1cBio retains rights to use data from the collaboration to support a planned U.S. FDA IND filing.
• OC-3 is a preclinical, PARP1-selective inhibitor targeting tumors with homologous recombination repair defects.

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