Home Xin诺维 Enters into Global Exclusive License Agreement with METiS for SOS1 Inhibitor Program

Xin诺维 Enters into Global Exclusive License Agreement with METiS for SOS1 Inhibitor Program

Jan 06, 2023 16:13 CST Updated 16:13
Evopoint Biosciences

Biological New Drug Developer

METiS Therapeutics

AI Drug Development Company

Evopoint Biosciences is a global pharmaceutical company with both innovative R&D capabilities and an international perspective, taking it as its mission to address significant unmet clinical needs. METiS Therapeutics, headquartered in Boston, USA, is committed to optimizing drug discovery, drug delivery, and drug development through artificial intelligence and machine learning. Through this licensing agreement, METiS Therapeutics will obtain the global exclusive rights for the development and commercialization of Evopoint Biosciences' SOS1 inhibitor program. Evopoint Biosciences will be eligible to receive upfront payments and development, registration, and sales milestone payments of up to several hundred million US dollars, as well as future tiered royalties based on global annual net sales.

The SOS1 inhibitor project, independently developed by Evopoint Biosciences, aims to discover unique, highly effective, and highly selective SOS1 inhibitors for the treatment of patients with various solid tumors. The lead compound XNW22013 demonstrated excellent efficacy both as a monotherapy and in combination in preclinical in vivo and in vitro trials, while also showing outstanding safety and drug-like properties.

"We are very pleased to collaborate with METiS Therapeutics on the development of the SOS1 inhibitor project," said Mr. Le Meijie, CEO of Evopoint Biosciences. "SOS1 can activate the KRAS pathway. As one of the most frequently mutated genes in the occurrence and progression of all cancers, KRAS is a crucial cell signaling pathway switch. Inhibiting KRAS activity by targeting SOS1 has been proven effective and feasible. METiS possesses an experienced team and an advanced AI-based drug discovery platform. We believe this collaboration will accelerate and optimize the development process of the SOS1 inhibitor project, enabling us to achieve our goal of providing innovative SOS1 inhibitor drugs to cancer patients more quickly. We are highly confident that this project will yield fruitful results and benefit cancer patients worldwide."

"We are very much looking forward to collaborating with Evopoint Biosciences to jointly develop this SOS1 inhibitor project, which has potential best-in-class advantages," said Dr. Chris Lai, CEO and co-founder of METiS Therapeutics. "The RAS/MAPK pathway is a major oncogenic pathway. This collaborative project aligns perfectly with our strategic approach of employing a multi-pronged solution to shut down the RAS/MAPK pathway in order to maximize patient benefits."

About XNW22013

XNW22013 is a SOS1 inhibitor independently discovered by the Evopoint Biosciences team through rational design. Preclinical experimental results show that XNW22013 exhibits strong activity and high selectivity in inhibiting SOS1 in vitro, while the compound also demonstrates excellent drug-like properties and safety characteristics. In vivo experiments in tumor models indicate that XNW22013 has significant tumor-suppressing efficacy, whether used alone or in combination with other drugs.

About Evopoint Biosciences

Evopoint Biosciences Co., Ltd., founded by seasoned leaders from the scientific, industrial, and investment communities, aims to provide high-quality solutions for significant unmet clinical needs worldwide. It is committed to building leading platforms in targeted therapy, PROTAC, and antibiotics. Currently, Evopoint Biosciences has 7 products in clinical development and 14 products in the preclinical stage, covering the fields of oncology, anti-infectives, and metabolic diseases. The company has research and development facilities in Suzhou, Shanghai, Beijing, Boston, and Australia, with a mission to benefit human health. For more information, please visit: www.evopointbio.com.

About METiS

METiS, as a biotechnology company, aims to drive the development of optimal therapies across various disease areas through artificial intelligence, machine learning, and quantum simulation. For more information, please visit: www.metistx.com.