Keros Therapeutics to receive $20 million Takeda milestone payment for elritercept
Keros Therapeutics said it expects to receive a $20 million development milestone payment from partner Takeda after the first patient was dosed in the Phase 3 ELRiSE MF trial of elritercept. Keros expects to distribute 25% of the net cash proceeds from the payment to its stockholders after receipt.
Key points
- $20 million development milestone payment under the elritercept license agreement with Takeda
- Triggered by dosing of the first patient in the Phase 3 ELRiSE MF trial in myelofibrosis and anemia
- Keros expects to distribute 25% of net cash proceeds from the payment to stockholders after receipt
- Keros received a $200 million upfront payment in February 2025 and is eligible for milestones potentially exceeding $1.1 billion
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 29, 2026.
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