• Sanofi, RadioMedix, and Orano Med have entered an exclusive licensing agreement to develop AlphaMedix for rare cancers, focusing on neuroendocrine tumors (NETs).
• AlphaMedix, a targeted alpha therapy, has received FDA Breakthrough Therapy Designation for gastroenteropancreatic NETs in patients treatment-naive to peptide-receptor radionuclide therapy.
• Clinical studies have shown AlphaMedix to be well-tolerated, providing substantial tumor reduction with a 62.5% durable response rate, supporting potential regulatory filing.
• Sanofi will lead global commercialization, Orano Med will handle manufacturing, and RadioMedix and Orano Med will receive up to €320 million plus tiered royalties.