Oxford BioTherapeutics Outlicenses Novel Antibody to Genmab for Immuno-Oncology
Shots:
- OBT to receive an up front and additional development & regulatory milestones along with royalty. Genmab will be responsible for the future development and commercialization of any products
- Under the commercial license agreement with OBT, Genmab gets the rights to an OBT's novel, pre-clinical immuno-oncology Ab & also obtains an exclusive right to develop & commercialize novel Abs therapies using OBT's novel IO Ab. The target was identified utilizing Oxford BioTherapeutics' OGAP drug discovery platform which integrates clinical, experimental, expression data & proteome databases
- In a US clinical trial, OBT's OBT076 began expanding in 2021 for advanced or refractory solid tumors, incl. gastric cancer & other indication
Ref: PRNewswire | Image: Genmab
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