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Home » Nextcure bags Lilly in I-O partnership seeking 'something big' beyond checkpoints
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Nextcure bags Lilly in I-O partnership seeking 'something big' beyond checkpoints

Nov. 7, 2018
By Marie Powers
Eli Lilly and Co. Inc. tapped 3-year-old Nextcure Inc. for a multiyear immuno-oncology (I-O) deal designed to exploit the newco's Functional, Integrated, Nextcure Discovery in Immuno Oncology, or FIND-IO, technology. Nextcure, of Beltsville, Md., stands to receive $25 million up front in addition to a $15 million equity stake by Lilly, of Indianapolis. Both participants reserved options to exclusively license antibodies resulting from the arrangement, and Nextcure is eligible for development and commercial milestones and royalty payments if its first pharma partner develops and markets resulting cancer therapies.
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