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Elpiscience Signs $117 Million Deal for TRIGR Bispecific

publication date: Jan 21, 2021

Elpiscience Biopharma of Shanghai acquired China rights to an anti-VEGFxDLL4 bispecific antibody being developed by TRIGR Therapeutics of Irvine, CA. TRIGR is already conducting a US Phase I trial of TR009 as a fourth-line therapy in patients with colorectal or gastric cancer. Elpiscience will make a $7 million upfront payment and be responsible for up to $110 million in milestones, plus royalties. An immunotherapy company, Elpiscience is developing 12 products including a bispecific anti-PD-1 in China trials. One year ago, the company raised $100 million in Series B funding. More details....

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