AMRI licenses anticancer tubulin inhibitor program to Bessor Pharma

Agreement demonstrates AMRI’s strategic plan to advance the clinical development of its compounds and programs
| 3 min read
Written byLloyd Dunlap
ALBANY, N.Y.—Best known as a contract research organization (formerly known asAlbany Molecular), AMRI has signed an exclusive option to enter a licenseagreement with Bessor Pharma LLC, a translational drug development company ledby industry veteran and AMRI adviser Dr. Barry A. Berkowitz, for thedevelopment of ALB 109564(a), AMRI's novel tubulin inhibitor compound intemporarily suspended Phase I testing for the treatment of cancer.
"Due to an internal prioritization of AMRI's R&Dprograms, a decision was made to postpone completion of the Phase I study atthe end of 2010," notes AMRI Chairman and CEO Dr. Thomas E. D'Ambra. "The IND remains open, however, and we expect Bessor tocomplete the dose escalation studies as part of their development strategy."
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