
Glenmark’s subsidiary Ichnos Sciences licenses out ISB 880 to Almirall SA
Glenmark Pharma’s research subsidiary– Ichnos Sciences– and Almirall SA, a global biopharmaceutical company focused on skin health, have announced today that they have entered into an exclusive licensing agreement for ISB 880, the former’s lead molecule IL-1RAP antagonist. Under the agreement, Almirall is granted global rights to develop and commercialize this monoclonal antibody for autoimmune diseases. Ichnos will retain rights for antibodies acting on the IL-1RAP pathway for oncology indications.