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Basilea reports preclinical data on oncology drug candidates BAL0891, derazantinib and lisavanbulin at AACR Annual Meeting

Retrieved on: 
Wednesday, April 13, 2022

The compound is a unique dual inhibitor of threonine tyrosine kinase (TTK) and polo-like kinase 1 (PLK1).

Key Points: 
  • The compound is a unique dual inhibitor of threonine tyrosine kinase (TTK) and polo-like kinase 1 (PLK1).
  • Both kinases collaborate in activating the mitotic spindle assembly checkpoint (SAC), a cell division mechanism regulating correct chromosome alignment and segregation.
  • BAL0891 has shown anti-proliferative activity across diverse tumor cell lines in vitro and single agent efficacy in in-vivo models of solid human cancers.
  • Derazantinib, lisavanbulin and BAL0891 and their uses are investigational and have not been approved by a regulatory authority for any use.

Basilea to become a leading anti-infectives company backed by strong financial results 2021

Retrieved on: 
Tuesday, February 15, 2022

The excellent commercial performance triggered several milestone payments from our partners with a total of approximately CHF 35 million in 2021.

Key Points: 
  • The excellent commercial performance triggered several milestone payments from our partners with a total of approximately CHF 35 million in 2021.
  • The first approval in December 2021 triggered a USD 10 million milestone payment to Basilea.
  • Basilea Pharmaceutica Ltd. will host a conference call and webcast today, Tuesday, February15, 2022, at 4 p.m. (CET), to discuss the Companys financial and operating results and to provide an outlook.
  • Basilea is a commercial-stage biopharmaceutical company founded in 2000 and headquartered in Switzerland.

Basilea announces submission of Investigational New Drug application for novel oncology drug candidate BAL0891

Retrieved on: 
Tuesday, November 16, 2021

If the IND is granted, Basilea plans to initiate a phase 1 study in patients with advanced solid tumors in the first quarter of 2022.

Key Points: 
  • If the IND is granted, Basilea plans to initiate a phase 1 study in patients with advanced solid tumors in the first quarter of 2022.
  • Submitting this IND is an important regulatory milestone for Basilea as we are moving closer to adding BAL0891 as the third oncology drug candidate to our clinical pipeline.
  • Basilea has filed an Investigational New Drug application to the U.S. Food and Drug Administration, with the goal to initiate first-in-human clinical studies in the first quarter of 2022.
  • Derazantinib and lisavanbulin and their uses are investigational and have not been approved by a regulatory authority for any use.

Basilea reports strong financial results for half-year 2021 with significantly increased cash flow from marketed brands and increases 2021 full-year guidance

Retrieved on: 
Tuesday, August 17, 2021

In April 2021, Basilea announced that it has completed the divestment of its Chinese research and development subsidiary to the U.S.-based custom manufacturing organization PHTInternationalInc.

Key Points: 
  • In April 2021, Basilea announced that it has completed the divestment of its Chinese research and development subsidiary to the U.S.-based custom manufacturing organization PHTInternationalInc.
  • In addition, Basilea is entitled to receive additional payments of USD 3.8 million (CHF 3.6 million) over the next three years.
  • Since the beginning of the year, Basilea reduced the convertible bond maturing in December 2022 (ISIN CH0305398148) by CHF 12.4 million.
  • Basilea Pharmaceutica Ltd. will host a conference call and webcast today, Tuesday, August17, 2021, at 4 p.m. (CEST), to discuss the Companys financial and operating results.