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Y-Biologics Signs a License Agreement with 3D Medicines for YBL-013 in the Territory of Greater China

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Y-Biologics Signs a License Agreement with 3D Medicines for YBL-013 in the Territory of Greater China

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  • Y-Biologics to receive ~$2M up front and eligible to receive ~$85M as development- regulatory- & commercialization milestones along with royalties on sales in the territory
  • 3D Medicines will get an exclusive right to develop- manufacture- and commercialize YBL-013 in China with the expansion of collaboration in the US and other regions
  • Both the companies will share IND development costs. YBL-013 is a T cell bi-specific engager based on ALiCE platform technology and targets CD3 on T cell and PD-L1 on cancer cell

 ­ Ref: PRNasia | Image: Y-Biologics

Click here to­ read the full press release 

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