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Amgen Signs an Immuno-Oncology Agreement with Molecular Partners' for its MP0310

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Amgen Signs an Immuno-Oncology Agreement with Molecular Partners' for its MP0310

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  • Molecular to receive $50M upfront- $497M milestone and royalties on sales and also has certain rights to commercialize DARPin based products with MP0310. Amgen to get exclusive worldwide development and commercialization rights for Molecular’s MP0310
  • The companies will jointly evaluate MP0310 with Amgen’s oncology product and BiTE (bispecific T cell engager) molecules- with defined cost sharing for first three indications
  • Molecular’s MP0310 is a pre-clinical- FAP x 4-1BB DARPin Molecule- targeted for activation of immune cells in tumor by binding FAP & T cells via 4-1BB (immune modulator)\
Ref: Amgen | Image: CNBC

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