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Deciphera Pharmaceuticals announces restructuring to prioritize clinical development programs and streamline commercial operations.

Read time: 1 mins
Last updated:20th Dec 2021
Published:2nd Dec 2021
Deciphera Pharmaceuticals, Inc. announced a corporate restructuring intended to prioritize clinical development of select programs, streamline commercial operations, maintain a focus on discovery research and extend the Company’s cash runway.

Following a detailed review of its portfolio and growth opportunities, Deciphera will focus its resources on the continued advancement of vimseltinib and DCC-3116, while discontinuing the rebastinib program. The Company will streamline commercial operations for Qinlock in the U.S. and focus commercialization efforts on a select number of key European markets. These changes are expected to result in a significant reduction in operating expenses and extend the Company’s cash runway into 2024.

Condition: GIST
Type: drug

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