Pharma BD Deal Intelligence

Kyowa Kirin Co. Ltd. / Kura Oncology Inc.

2024 · Co-Development · $1.5B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Nov 20, 2024 BioSpace Neutral

Kura Oncology is bringing Kyowa Kirin on board as a global development and commercialization partner for ziftomenib, a Phase 3 selective menin inhibitor…

Nov 21, 2024 BioPharma Dive Bullish

Kura Oncology has signed a global collaboration with Kyowa Kirin worth up to $1.5 billion for ziftomenib, its lead menin inhibitor in Phase 3 development for…

Nov 13, 2025 Kura Oncology / Kyowa Kirin (GlobeNewswire) Bullish

FDA granted full approval of KOMZIFTI (ziftomenib) for adults with R/R NPM1-mutant AML; approval triggers a $135M milestone payment from Kyowa Kirin to Kura.

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Kura Oncology (Nasdaq: KURA) and Kyowa Kirin (TSE: 4151) entered a global strategic collaboration and license agreement for ziftomenib, Kura's selective oral menin inhibitor (menin-KMT2A/MLL), announced November 20, 2024 and effective December 2024. Kura received a $330M upfront (held in cash as of 12/31/24) and is eligible for up to $420M in near-term milestones, up to $513M in additional development/regulatory/commercial milestones in hematologic malignancies, and $228M if Kyowa Kirin exercises the Field Expansion Option -- up to $1.491B in aggregate. In the U.S. Kura leads commercialization under a 50/50 profit/loss share; Kyowa Kirin leads ex-U.S. and pays tiered royalties. The asset advanced rapidly post-deal: the FDA granted Priority Review of the ziftomenib NDA in June 2025, and on November 13, 2025 granted full approval of KOMZIFTI (ziftomenib) for adults with relapsed/refractory NPM1-mutant AML -- the first and only once-daily oral menin inhibitor approved in this setting (pivotal KO-MEN-001 / NCT04067336: CR+CRh 21.4% in 112 patients; 600 mg once daily). The approval triggered a $135M milestone payment from Kyowa Kirin to Kura.

Key facts

Related deals — scored

DealYearValueOutcome
Kyowa Kirin Co. Ltd. / Kura Oncology Inc. (this deal)2024$1.5B
Amgen Inc. / Micromet Inc.2012$1.2B88
Servier / Shire plc (Oncology Business)2018$2.4B88
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Otsuka Pharmaceutical Co. Ltd. / Astex Pharmaceuticals2013$886M79
AbbVie Inc. / Pharmacyclics Inc.2015$21.0B79

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