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Dovitinib is an orally bioavailable, small-molecule multi-tyrosine kinase inhibitor (TKI) that targets several receptor tyrosine kinases (RTKs) involved in tumor growth and angiogenesis. Its primary targets include fibroblast growth factor receptors (FGFR1, FGFR2, and FGFR3), vascular endothelial growth factor receptors (VEGFR1, VEGFR2, and VEGFR3), and platelet-derived growth factor receptors (PDGFR). Originally developed by Novartis, dovitinib was licensed to Allarity Therapeutics (formerly Oncology Venture) in 2018. Allarity sought to develop the drug using its Drug Response Predictor (DRP) companion diagnostic to identify patients most likely to respond, particularly in renal cell carcinoma and breast cancer. However, following regulatory hurdles and a material breach of contract, Novartis terminated the license in January 2024, and all rights reverted to Novartis. The drug has also been investigated for pediatric cancers through a sub-licensing agreement with Oncoheroes Biosciences.
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