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Innovent Acquires China Rights to Novel Immunoncology Candidate from Alector

publication date: Mar 26, 2020

Suzhou Innovent Bio acquired China rights to an anti-SIRP-alpha antibody from Alector, a South San Francisco biotech. AL008 is designed to inhibit the ability of macrophages to interfere with the immune response around tumors. It antagonizes the CD47-SIRP-alpha pathway by degrading the inhibitory receptor on macrophages while engaging Fc gamma to promote immuno-stimulatory pathways, increasing the immune attack on the tumor. In pre-clinical studies, the molecule has shown activity in myeloid and lymphoid cancers. Innovent will lead China development of the molecule and have manufacturing rights. More details....

Stock Symbol: (HK: 01801)

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