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BeiGene In-licenses Rights To LAG-3 mAb from Leads Bio in $772 Million Deal

publication date: Dec 14, 2021

Beijing's BeiGene in-licensed ex-China rights to a LAG-3 immunotherapy developed by Nanjing Leads Biolabs in a $772 million collaboration agreement. BeiGene will have development, manufacturing and commercialization rights to the candidate outside of China. In a Phase I trial, LBL-007 was well tolerated and showed initial signs of activity in patients with advanced solid tumors. LAG-3 is an immune checkpoint receptor expressed on activated T cells that negatively regulates these cells, resulting in tumor immune escape. More details....

Stock Symbol: (NSDQ: BGNE; HK: 06160)

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