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Basilea Pharma commences Phase I anticancer drug trial

Basilea Pharmaceutica has commenced a dose-escalation, open-label Phase I trial of its intravenous anti cancer medication - BAL10155.

In the study, the company will assess tolerability, safety and phamacokinetics of BAL101553 to determine the dose and administration schedule for Phase II trials.

Previosly, BAL101553, a novel microtubule-targeting agent, has showed anti-cancer activity in many drug-resistant tumor models.

Basilea CEO Anthony Man said BAL101553 is a novel small-molecule drug active against a well-validated cancer cell target and showing broad anti- tumor activity in preclinical models.