Rakuten Medical Acquires Critical IRDye 700DX Assets from LI-COR to Secure Photoimmunotherapy Supply Chain
- Rakuten Medical acquired phthalocyanine dyes including IRDye 700DX from LI-COR Biosciences to ensure consistent supply for its Illuminox cancer therapy platform.
- The acquisition supports ongoing ASP-1929 clinical trials across multiple oncology indications and strengthens the company's photoimmunotherapy development capabilities.
- ASP-1929 has already received conditional marketing approval in Japan for head and neck cancer and is currently being studied in a global Phase 3 trial.
- The strategic move follows recent clinical milestones including first patient enrollment in a Phase 1b/2 combination trial with anti-PD1 therapy at MD Anderson Cancer Center.
Rakuten Medical, Inc.
Posted 12/21/2020