BioNTech Signed an Exclusive License and Collaboration Agreements with DualityBio for Two ADC Therapies to Treat Solid Tumors
Shots:
- DualityBio will receive $170M up front for both assets (DB-1303 & DB-1311), ~$1.5B in additional development, regulatory & commercial milestones along with royalties on net sales for both ADC assets
- BioNTech received exclusive licenses from DualityBio for 2 ADC assets (DB-1303 & DB-1311) directed against targets expressed in a broad range of human cancers & will obtain commercial rights globally (excl. Mainland China, Hong Kong Special Administrative Region & Macau Special Administrative Region)
- DualityBio will hold commercial rights for Mainland China, Hong Kong Special Administrative Region & Macau Special Administrative Region & also get the right to exercise a co-development cost and profit/loss sharing option for DB-1311 & co-promotion option for the US market
Ref: biontech and dualitybio | Image: biontech and dualitybio
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