Macomics Signs a Worldwide Drug Discovery Collaboration Agreement with Ono to Discover and Develop Macrophage-Targeting Antibody Therapy for Cancer
Shots:
- Macomics to receive an up front & R&D funding, and is also eligible to receive success-based milestones along with royalties based on global net sales. Ono gets an exclusive option to license rights globally to the candidates for further development and commercialization
- Macomics will use its ENIGMACT macrophage drug discovery platform for the identification and characterization of new immuno-oncology antibody drugs against the novel target of interest
- To find new targets and reveal disease-specific target biology, Macomics' ENIGMAC macrophage drug discovery platform combines high-volume human data sets, personalized cell models, and human macrophage genome editing technology
Ref: Ono Pharmaceutical | Image: Ono Pharmaceutical
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