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Omilancor is a once-daily, oral therapy in Phase 3 clinical development for ulcerative colitis and Phase 2 for Crohn’s disease, with multiple I&I indications pl
October 23, 2024
By: Charlie Sternberg
NImmune Biopharma, a private late-clinical-stage precision inflammation and immunology (I&I) biopharmaceutical company, has acquired development and commercialization rights for omilancor in Asia. Covered markets include China, Macau, Hong Kong, Taiwan, Thailand, Singapore, South Korea, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam. Upon closing of this transaction, NImmune will wholly own global rights to omilancor and the entire LANCL2 portfolio of immunoregulatory therapeutics. Omilancor is a once-daily, oral, best- and first-in-class therapy in Phase 3 clinical development for ulcerative colitis (UC) and Phase 2 for Crohn’s disease (CD), with multiple I&I indications planned. “The wind-down of LianBio, announced on February 13, 2024, provided an unprecedented opportunity to consolidate global rights to omilancor in NImmune and capture significant additional value for shareholders. We are very excited to continue late-stage development of omilancor and bring the best- and first-in-class potential of an oral therapeutic to patients with ulcerative colitis and Crohn’s disease,” said Dr. Josep Bassaganya-Riera, Founder & CEO of NImmune. “The timing of this transaction could not have been more ideal as we launch the global Phase 3 program of omilancor in UC. We now look forward to completing ongoing discussions with potential global and regional strategic partners that can help to further accelerate Phase 3 timelines and bring the best-in-class potential of omilancor to address the unmet needs of millions of IBD patients in the U.S. and worldwide.”
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