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BeiGene Enters $269 Million Agreement for BioAtla's CTLA-4 Inhibitor

publication date: Apr 9, 2019

Beijing's BeiGene in-licensed a conditionally activated inhibitor of CTLA-4 from BioAtla of San Diego in a $269 million agreement. The two companies will test BA3071 (CAB-CTLA-4) as a monotherapy and in combination with BeiGene's PD-1 candidate, tislelizumab. BioAtla will receive $20 million up front and is eligible for undisclosed early clinical milestones, plus $249 million in subsequent milestones. BeiGene will own a co-exclusive license with BioAtla to develop and manufacture the candidate, along with an exclusive global commercialization license. More details....

Stock Symbols: (NSDQ: BGNE; HK: 6160)

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