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Celgene Licenses Lead Program From Epizyme, Takes Option To Remaining Pipeline

This article was originally published in The Pink Sheet Daily

Executive Summary

Celgene has expanded its footprint in epigenetics, partnering with histone methyltransferase specialist Epizyme to take immediate rights to its preclinical DOT1L program and a three-year extendable option on the rest of the biotech’s pipeline.

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Epizyme and its partners have moved two programs into the clinic and will start an expansion trial for the DOT1L program later this year. It has also struck deals for companion diagnostics, making steady progress personalized medicine solutions for patients with genetically defined cancers within five years of starting clinical trials. CEO Robert Gould and Exec VP Jason Rhodes take stock of the company’s progress.

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