Attached files

file filename
S-1 - S-1 - Checkmate Pharmaceuticals, Inc.d913691ds1.htm
EX-23.1 - EX-23.1 - Checkmate Pharmaceuticals, Inc.d913691dex231.htm
EX-21.1 - EX-21.1 - Checkmate Pharmaceuticals, Inc.d913691dex211.htm
EX-10.19 - EX-10.19 - Checkmate Pharmaceuticals, Inc.d913691dex1019.htm
EX-10.18 - EX-10.18 - Checkmate Pharmaceuticals, Inc.d913691dex1018.htm
EX-10.17 - EX-10.17 - Checkmate Pharmaceuticals, Inc.d913691dex1017.htm
EX-10.16 - EX-10.16 - Checkmate Pharmaceuticals, Inc.d913691dex1016.htm
EX-10.15 - EX-10.15 - Checkmate Pharmaceuticals, Inc.d913691dex1015.htm
EX-10.14 - EX-10.14 - Checkmate Pharmaceuticals, Inc.d913691dex1014.htm
EX-10.13 - EX-10.13 - Checkmate Pharmaceuticals, Inc.d913691dex1013.htm
EX-10.12 - EX-10.12 - Checkmate Pharmaceuticals, Inc.d913691dex1012.htm
EX-10.11 - EX-10.11 - Checkmate Pharmaceuticals, Inc.d913691dex1011.htm
EX-10.10 - EX-10.10 - Checkmate Pharmaceuticals, Inc.d913691dex1010.htm
EX-10.9 - EX-10.9 - Checkmate Pharmaceuticals, Inc.d913691dex109.htm
EX-10.7 - EX-10.7 - Checkmate Pharmaceuticals, Inc.d913691dex107.htm
EX-4.2 - EX-4.2 - Checkmate Pharmaceuticals, Inc.d913691dex42.htm
EX-3.3 - EX-3.3 - Checkmate Pharmaceuticals, Inc.d913691dex33.htm
EX-3.1 - EX-3.1 - Checkmate Pharmaceuticals, Inc.d913691dex31.htm

Exhibit 10.8

CERTAIN INFORMATION IDENTIFIED BY BRACKETED ASTERISKS ([* * *]) HAS BEEN OMITTED FROM THIS EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.

AMENDMENT NO. I TO LICENSE AGREEMENT

THIS AMENDMENT NO I (the Amendment) is made as of August 15, 2017 (the Amendment Effective Date) by and between KUROS BIOSCIENCES AG (formerly Cytos Biotechnology, LTD), a company registered in Switzerland whose registered office is at Wagistrasse 25, 8952 Schlieren, Switzerland (“Licensor”), and CHECKMATE PHARMACEUTICALS, INC., having its registered office at One Broadway, 14lh Floor, Cambridge, MA 02142, USA, (“Checkmate”). Licensor and Checkmate may be referred to herein as a “Party” or, collectively, as “Parties”.

WHEREAS

 

(A)

Licensor and Checkmate entered into a License Agreement dated June 17, 2015 (the Agreement).

 

(B)

Pursuant to Section 13.8 (titled “Entire Agreement of the Parties, Amendment”) of the Agreement, the Agreement may be amended only by the written agreement of the Parties.

 

(C)

Licensor and Checkmate desire to amend the Agreement to classify Qb VLP Cancer Vaccines in the Field as Licensed Compounds Series 4 and to mutually agree on the financial terms of Licensed Compounds Series 4 in accordance with the provisions of this Amendment.

 

(D)

Additional IP required to develop Qb VLP Cancer Vaccines shall be included in Schedule 1.42 and the full cost for the prosecution of these patents shall be borne by Checkmate.

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Licensor and Checkmate agree as follows:

 

1.

Qb VLP Cancer Vaccines definition

It is hereby agreed that the below Clause 1.55a will be added to Article I of the Agreement.

1.55a “Qb VLP Cancer Vaccine” means any Qb VLP, including CYT003, covalently conjugated or co-formulated with any tumor antigen and delivered by subcutaneous, intramuscular, or intradermal injection or other route of vaccination, but specifically excluding intra-tumoral adminstration.

 

2.

Modification of 1.36 Licensed Compounds


It is hereby agreed that in Clause I .36 the text

“belonging to one of the three following series” will be replaced with “belonging to one of the four following series”

And l.36(a) will change from “Series I: CYT003 (further described in Schedule 1.18)” to “Series I: CYT003 (further described in Schedule 1.18) but excluding Licensed Compounds in Series 4 (as defined in 1.36(d))

and, in 1.36(c) “(other than those in Series I and 2)” will be replaced by “(other than those in Series 1, 2 and 4)”.

Also, the following Clause 1.36(d) will be added at the end of Clause 1.36

“(d) Series 4: any Qb VLP Cancer Vaccine

 

3.

Modification of 1.37 Licensed Compound Series

It is hereby agreed that in Clause 1.37 the text

“referred to individually in 1.36(a), (b) and (c)”

will be replaced with

“referred to individually in 1.36(a), (b), (c) and (d)”

 

4.

Addition of Development Milestones for Licensed Compounds Series 4:

It is hereby agreed that the following table will be added to the end of Clause 5.2.1.

 

Development Milestones: Licensed Compound Series 4 (l.36(d))    Payment (all in USD)
   

Dosing of the first patient in the first Phase I clinical trial

   [***]
   

Dosing of the first patient in the first Phase 2 clinical trial

   [***]
   

Dosing of the first patient in the first Phase 3 clinical trial

   [***]
   

Upon the first New Drug Application filing with the FDA for regulatory approval in the United States

   [***]
   

Upon the first MAA filing for regulatory approval in the European Union

   [***]
   

Upon the first MAA filing for regulatory approval in the first of: China or Japan

   [***]
   

Upon the first approval ofa New Drug Application in the United States

   [***]
   

Upon the first approval of an MAA in the European Union

   [***]
   

Upon the first approval of an MAA in the first of: China or Japan

   [***]

 

5.

Milestones for Additional Products in Licensed Compound Series 4.


It is hereby agreed that the current Clause 5.2.2 is replaced by

“5.2.2 Each milestone payment in this Section 5.2 shall be payable only upon the first achievement of such milestone for the first Licensed Product from the same Licensed Compound Series and no amounts shall be due for subsequent or repeated achievements of such milestone in with Licensed Products from such Licensed Compound Series, except for Licensed Products in Licensed Compound Series 4. For Licensed Products in Licensed Compound Series 4 each milestone payment shall be as stated in Section 5.2.1 for the first Licensed Products in Licensed Compound Series 4, milestone payments shall be reduced by [***] for the second Licensed Products in Licensed Compound Series 4, and shall be reduced by [***] for the third Licensed Products in Licensed Compound Series 4. For subsequent Licensed Products in Licensed Compound Series 4 no milestone payments shall be payable. For purposes of clarity, each milestone payment in this Section 5.2 shall be payable only one time irrespective of the number of indications pursued for such Licensed Product in Licensed Compound Series 1, 2, and 3. For Licensed Products in Licensed Compound Series 4 each milestone payment may be payable up to 3 times with milestone payments for the second and third Licensed Products being reduced as described in this Section 5.2.2.”

 

6.

Modification of Clause 5.2.3

It is hereby agreed to replace the current text of clause 5.2.3 with the following:

5.2.3 Milestones payments will be made on the first achievement of each milestone listed in Section 5.2.1 for Licensed Products in Licensed Compound Series I, 2 and 3. Milestone payments will be paid on the first, second and third achievement of each milestone listed in Section 5.2.1 for Licensed Products in Licensed Compound Series 4, with milestones for the second and third achievement of said milestone being reduced as described in Section 5.2.2.”

 

7.

Royalty Payments

The Royalty Payments for Licensed Products in Licensed Compound Series 4 shall be the same as the royalty payments for Licensed Compound Series 2 set forth in the Agreement in Section 5.3 with the exception that only the first three Licensed Products in Licensed Compound Series 4 reaching the market shall be eligible for Royalty payments. For clarity, no Royalties are due for the fourth and any subsequent Qb VLP Cancer Vaccine Licensed Product reaching the market. Therefore, it is hereby agreed that in Section 5.3.1 the table will be replaced with the table below:

 

Net Sales in the Territory of all Licensed
Products in a calendar year
   Licensed
Compound
Series 1
   Licensed
Compound
Series 2
   Licensed
Compound
Series 3
   Licensed
Compound
Series 4

[***]

   [***]    [***]    [***]    [***]

[***]

   [***]    [***]    [***]    [***]

[***]

   [***]    [***]    [***]    [***]

It is also hereby agreed to add the following to the end of Section 5.3.1:

“For Licensed Products in Licensed Compound Series 1, 2 and 3 royalties are payable on all Licensed Product Net Sales, however for Licensed Products in Licensed Compound Series 4 royalties are payable only on Net Sales of the first three Licensed Products in Licensed Compound Series 4.”


8.

Addition of patents to Schedule 1.42

It is hereby agreed to add the patents listed in Schedule I of this Amendment to Schedule 1.42 of the Agreement.

 

9.

Existing terms and conditions

Except as otherwise expressly amended by this Amendment No. 1, the terms and conditions of the Agreement shall remain in full force and effect, and neither Party waives any right under the Agreement herein.

 

10.

Counterparts

This Amendment may be executed in any number of counterparts, each such counterpart shall be deemed to be an original instrument. and all such counterparts together shall constitute but one agreement. Any such counterpart may contain one or more signature pages.

Remainder of page left blank intentionally


SIGNED by the Parties or their duly authorized officers on the dates set forth below, to be effective on the date set forth above.

 

KUROS BIOSCIENCES AG

   

CHECKMATE PHARMACEUTICALS, INC

Date: August 15, 2017     Date: August 16, 2017
By:   /s/ Philippe Saudan     By:   /s/ Arthur M. Krieg
Name: Philippe Saudan     Name: Arthur M. Krieg
Title: CDO     Title: CEO

 

5


Schedule 1

Remainder of page left blank intentionally


Kuros Biosciences AGG       14.08.2017

 

 

Patent Family:    In Vivo Activation of Antigen Presenting Cella for Enhancement of Immune Respond Induced by VLPs
Applicant:    Kuros Biosciences AG
Inventors:    Martin F. Bachmann, Franziska Lechner, Tazlo Stornl

 

Kuros
Reference
No.
   Country    Application
Type
   Application
Date
   Application
No.
   Priority
Country
   Earliest
Priority
Date
   Earliest
Priority
No.
   Additional
Priorities
   Publication
Date
   Publication
No.
   Grant
Date
   Patent
No.
   Status

P1009EPOO

  

EP

   PCT Based with Priority    16.09.2002    2783338.3    US    14.09.2001    60/318,967         27.03.2003    1425040              Pending

P1009JPOO

  

JP

   PCT Based with Priority    16.09.2002    2003-528574    US    14.09.2001    60/318,967         17.03.2005    2005-507388    21.08.2009    4360906    Granted

P1009PCOO

  

PC

   With Priority    16.09.2002    PCT/1802/04252    US    14.09.2001    60/318,967         27.03.2003    W02003/024480A2              Closed

P1009US04

  

us

   Continuation    20.12.2012    14/567,945    US    14.09.2001    60/318,967         12.11.2015    US2015-0320855              Pending


Kuros Biosciences AGG       14.08.2017

 

 

Patent Family:   

Molecular Antigen Array

Applicant:    Kuros Biosciences AG
Inventors:   

Wolfgang Renner, Martin Bachmann, Alain Tissct, Patrick Maurer, Franziska Lechner, Peter Sebbel, Christine Plossek

 

Kuros
Reference
No.
   Country    Application
Type
   Application
Date
   Application
No.
   Priority
Country
   Earliest
Priority
Date
   Earliest
Priority
No.
   Additional
Priorities
   Publication
Date
   Publication
no.
   Grant
Date
   Patent
No.
   Status
P1011AU00    AU    PCT Based with Priority    21.01.2002    2002226263    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             28.06.2007    2002228263    Granted
P1011AU01    AU    Divisional    21.01.2002    2007202761    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             06.05.2010    2007202761    Granted
P1011BR00    BR    PCT Based with Priority    21.01.2002    P10206566-5    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

                       Pending
P1011CA00    CA    PCT Based with Priority    21.01.2002    2,433,316    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             13.08.2013    2433316    Granted
P1011CHEP    CH    Validated after EPC    21.01.2002    2710211    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    1370290    01.06.2016    1370290    Granted
P1011CN00    CN    PCT Based with Pnortty    21.01.2002    02803869.X    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   07.04.2004    1487840A    21.02.2007    ZL02803869.X    Granted
P1011JP01    JP    Divisional    21.01.2002    2008-274671    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   18.06.2009    2009-132689    11.01.2013    5175160    Granted


Kuros Biosciences AGG

     

14.08.2017

 

Kuros
Reference
No.
   Country    Application
Type
   Application
Date
   Application
No.
   Priority
Country
   Earliest
Priority
Date
   Earliest
Priority
No.
   Additional
Priorities
   Publication
Date
   Publication
no.
   Grant
Date
   Patent
No.
   Status
P1011JP03    JP    Divisional    21.01.2002    2015-094858    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   19.11.2015    2015-205881              Pendng
P1011NLEP    NL    Validated after EPC    21.01.2002    2710211    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    1370290    01.06.2016    1370290    Granted
P1011PC00    PC    With Priority    21.01.2002    PCT/IB02/00166    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    WO2002/056905A2              Closed
P1011RU01    RU    PCT Based with Prionty    21.01.2002    2003125363    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             27.03.2007    2295973    Granted
P1011RU01    RU    Divisional    21.01.2002    2206141850    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             10.01.2012    2438701    Granted
P1011US04    US    With Priority    18.01.2002    10/050,902    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   18.09.2003    2003/0175290A1    04.09.2007    7,264,810    Granted
P1011US09    US    Continuation    17.01.2017    151407920    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

                       Pend ng
P1001DEEP    DE    Validated after EPC    21.01.2002    2710211    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    1370290    01.06.2016    1370290    Granted


Kuros Biosciences AGG

     

14.08.2017

 

Kuros
Reference
No.
   Country    Application
Type
   Application
Date
   Application
No.
   Priority
Country
   Earliest
Priority
Date
   Earliest
Priority
No.
   Additional
Priorities
   Publication
Date
   Publication
no.
   Grant
Date
   Patent
No.
   Status
P1011EP00    EP    PCT Based with Prionty    21.01.2002    2710211    US    19.01,2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    1370290    01.06.2016    1370290    Granted
P1011EP01    EP    Divisional    21.01.2002    10012605.1    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   14.09.2011    2364727              Pending
P1011FREP    FR    Validated after EPC    21.01.2002    2710211    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    1370290    01.06.2016    1370290    Granted
P1011GBEP    GB    Validated attar EPC    21.01.2002    2710211    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   26.07.2002    1370200    01.06.2016    1370290    Granted
P1010IEEP    IE    Validated attar EPC    21.01.2002    2710211    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

   25.07.2002    1370290    01.06.2016    1370290    Granted
P1011IN00    IN    PCT Based with Priority    21.01.2002    1120/CHENP/2003    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             07.01.2009    227435    Granted
P1011IN01    IN    Divisional    21.01.2002    1503/CHENP/2008    US    19.01.2001    60/262.379   

60/288.549

(04.05.2001);

60/326.998

(05.10.2001);

60/331.045

(07.11.2001);

             18.03.2011    246862    Granted