Evogene Ltd. and Shanghai Lishan Biopharmaceuticals Co., Ltd. have announced an exclusive worldwide licensing agreement for BMC128, a microbiome-based therapeutic developed by Biomica Ltd., a subsidiary of Evogene. Under the terms of the agreement, Lishan Biotech will be responsible for the global clinical development, manufacturing, and commercialization of BMC128. Biomica will be eligible for development milestone payments and royalties on future commercial sales according to an agreed schedule. BMC128 is currently completing a Phase 1 clinical study in renal cell carcinoma and non-small cell lung cancer.
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