Tubulis Entered into a License Agreement with BMS to Develop ADCs Therapies for the Treatment of Cancer
Shots:
- Tubulis will receive $22.75M up front, ~$1B in development, regulatory & commercial milestones along with royalty on net product sales
- BMS will obtain an exclusive right to access Tubulis’ Tubutecan payloads in combination with the P5 conjugation platform to develop selected no. of highly differentiated ADCs for solid tumors & will lead the development, manufacturing & commercialization of the resulting ADC candidates. Once BMS selects Ab targets, Tubulis will provide its linker payload to generate a uniquely matched ADC for each Ab
- The collaboration combines BMS’ deep oncology & clinical development expertise & Tubulis’ differentiated and unique approach to ADC design to delivers ADC therapies
Ref: BusinessWire | Image: Tubulis
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