bioMerieux SA (Jobs) and Ipsen Sign Theragnostics Agreement to Develop Companion Test for New Breast Cancer Treatment

MARCY L'ETOILE, France & PARIS--(BUSINESS WIRE)--Regulatory News: bioMérieux and Ipsen (Paris:IPN) announce today that they have signed an agreement by which bioMérieux will develop a companion test for a new breast cancer drug undergoing clinical evaluation by Ipsen. The development will be co-funded by bioMérieux and Ipsen. Ipsen is developing a novel breast cancer therapy, BN 83495, targeting the steroid sulfatase enzyme (STS). The new drug, designed to block this marker found in hormone-dependent breast cancer in postmenopausal women, is currently in phase I clinical development.
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