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Eleven Biotherapeutics Announces Effectiveness of Investigational New Drug Application for EBI-031

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Additional Relevant Details Te company's Investigational New Drug application for EBI-031, a humanized monoclonal antibody that potently binds interleukin-6 (IL-6) and inhibits all known forms of IL-6 cytokine signaling, for treatment of ocular diseases, has become effective. As a result of the achievement of this milestone, Eleven is entitled to receive a $22.5 million payment from F. Hoffmann-La Roche Ltd. and Hoffmann-La Roche Inc. (Roche) pursuant to the terms of its license agreement with Roche.
http://ir.elevenbio....
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Catalyst Date
Occurred on:
Jul 07, 2016
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Related Keywords Ebi-031, Nda, Interleukin-6, Il-6 Cytokine Signaling, Ocular Diseases