Pharma BD Deal Intelligence
ProBio, the CRDMO arm of GenScript Biotech, granted AbTis Co., Ltd. exclusive global rights to develop and commercialize a discovery-stage therapeutic antibody against an oncology target generated through ProBio's biologics discovery platform. AbTis, a South Korean subsidiary of Dong-A ST, will apply its proprietary AbClick site-specific conjugation platform to advance the antibody into a next-generation antibody-drug conjugate. The agreement provides ProBio an upfront payment, development and commercial milestones, and royalties on future sales; no financial terms were disclosed.
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