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WuXi Biologics Out-licenses mAb Panel to Exelixis for Development

publication date: Mar 8, 2021

WuXi Biologics of Shanghai out-licensed a panel of mAbs to Exelixis aimed at a pre-clinically validated target. Exelixis, a San Francisco area biotech, will use its technology to develop antibody-drug conjugate, bispecific and certain other novel tumor-targeting biologics applications, based on the mAb panel. Exelixis will make a "modest" upfront payment to WuXi Bio for the license and also be responsible for milestone payments and royalties on any products developed from the WuXi Bio research. More details....

Stock Symbol: (HK: 2269)

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