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Shanghai Miracogen Signs $125 Million Deal to Use Synaffix ADC Technologies

publication date: Apr 10, 2019

Miracogen, a Shanghai biopharma with clinical-stage antibody drug conjugates, acquired non-exclusive rights to two ADC technologies developed by Dutch biotech Synaffix in a $125 million deal. Synaffix says the two technologies, GlycoConnect™ and HydraSpace™, create ADCs with enhanced efficacy and tolerability. Miracogen, which licensed the technologies for use in its next clinical candidate, will make upfront and potential milestone payments that total $125 million, plus royalties. More details....

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