LegoChem Entered into a Research Collaboration and License Agreement with Glycotope to Develop ADCs for the Treatment of Cancer
Shots:
- Following the successful completion of a feasibility study, LCB gets exclusive rights globally to exercise its option to develop & commercialize the selected Abs as ADC. If LCB exercises these rights, Glycotope to receive an up front, development & sales milestones along with royalties
- The collaboration will combine LCB’s ADC technology platform with Glycotope's tumor-targeting Abs to develop ADCs for cancer patients. The collaboration further highlights the significance of Glycotope's distinct technological platform & strengthens Glycotope’s position in the creation of highly selective glyco-epitope targeting Abs
- The companies are planning to advance the program to the clinical stage as a competitive cancer therapy
Ref: Globenewswire| Image: LegoChem
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