Mumbai, Dec. 8 -- Eftilagimod alfa is a novel immunotherapy with the potential to set a new standard of care in combination with anti-PD- (L)1 and chemotherapy as first-line therapy for non-small cell lung cancer. Eftilagimod Alfa's broad potential extends to other major cancers across multiple stages of disease.

Under the terms, Immutep to receive upfront payment of $20 million (around AUD 30.2 million) and is also eligible to receive potential regulatory development and commercial milestones payments of up to $349.5 million approximately AUD 528.4 million), plus double-digit royalties on commercial sales.

Under the terms of the agreement, Immutep grants Dr. Reddy's an exclusive license, with the right to grant sublicense to develop, r...