BMS returns rights for cancer asset DF6002 to Dragonfly

7 February 2023

US pharma major Bristol Myers Squibb (NYSE: BMY) has pulled put of a license and collaboration deal with privately-held USA-based biotech Dragonfly Therapeutics.

As a result, Dragonfly now owns all rights to develop DF6002, its novel interleukin-12 (IL-12) cytokine investigational immunotherapy program, which is in Phase I clinical development, with dose escalation progressing successfully in monotherapy and in combination with nivolumab (BMS’s blockbuster immune-oncology drug Opdivo), in the USA and in Europe.

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