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Biocytogen Sells Option for HER2/TROP2 Bispecific ADC to Radiance Biopharma

publication date: Jan 8, 2024

Beijing Biocytogen Pharma sold an option for a first-in-class anti-HER2/TROP2 bispecific antibody-drug conjugate to Radiance Biopharma of Boston. If Radiance exercises the option, it will have rights to the bispecific ADC for all human indications worldwide. HER2 and TROP2 are two tumor-associated antigens commonly expressed in multiple solid tumor cancers. Biocytogen will be entitled to receive option and licensing fees, milestone payments and single-digit royalties on net sales. It will also receive a share of any sublicensing fee. Biocytogen applies its gene editing technology to create animal models for antibody drug discovery. More details....

Stock Symbols: (HK: 02315)

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