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Prostate Cancer

License and codevelopment agreement signed for late-stage drug

Published in Cancer Weekly, November 12th, 2002

GPC Biotech AG (Frankfurt: GPC) announced that it has signed an agreement with NeoTherapeutics, Inc., (NEOTD) granting GPC Biotech an exclusive worldwide license to satraplatin, an orally administered, anticancer agent in late-stage clinical development.

Satraplatin phase II studies have been successfully completed for the treatment of hormone-resistant prostate cancer, as well as other tumor types. GPC Biotech expects to begin phase III clinical development of satraplatin for the treatment of hormone-resistant prostate cancer in 2003, with clinical trials to be conducted in both the U.S. and Europe.

Bernd R. Seizinger, MD, PhD, GPC Biotech, said,...

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