Company intelligence / Profile preview

Ambit Biosciences

San Diego, California, United Statesambitenergy.com ↗
Ownership
Private
Development stage
Other
01

Overview

Ambit's lead asset quizartinib showed promise in treating relapsed/refractory AML patients with FLT3 mutations—a population with poor prognosis and limited treatment options. The company had three internally developed programs at the time of acquisition. Quizartinib was considered a potential first-in-class therapy for this indication and drove Daiichi Sankyo's interest in the acquisition

Therapeutic areas
OncologyImmunology
Modalities
small molecules (kinase inhibitors)
Industry
Biotech
02

Partnerships

No major external pharma partnerships reported prior to acquisition.Financial advisors included Centerview Partners and Leerink Partners LLC during M&A process.Legal advisors included Cooley LLP.

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