Roivant Launches Cytovant Sciences to Collaborates with Medigene for the Development of Cellular Therapies in Asia
Shots:
- Medigene to receive $10M upfront- $1B as development- regulatory- and commercial milestones & royalties on sales of four products in multiple indications. Cytovant to get exclusive development & commercialization rights for Medigene’s TCR therapy for NY-ESO-1 and Dendritic cell (DC) vaccine targeting WT-1 & PRAME in Greater China- South Korea- and Japan
- Cytovant and Medigene have also entered into a research agreement for T-cell receptor (TCR) immunotherapies for two additional targets. Medigene to take care of generation and delivery of TCR constructs using TCR platform- with all R&D cost reimburse by Cytovant
- T cells are modified for adoptive T cell therapy with tested T cell receptors (TCR-Ts) which usually recognize and kill cancer or tumor cells
Ref: Roivant | Image: Finsmes
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