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Chipscreen Signs $72 Million Deal for Eucure Bispecific Immunotherapy

publication date: Feb 27, 2023

Shenzhen’s Chipscreen Bio acquired greater China rights to a bispecific immunotherapy from Eucure (Beijing) Biopharma, a subsidiary of Biocytogen, in a $72 million agreement. YH008 is designed to activate the immune pathway in the tumor microenvironment. It is engineered with an Fc-silent IgG1 isotype to avoid Fc-receptor-mediated immune activation outside the area. Biocytogen will receive $6 million upfront and up to $66 million in milestones, plus royalties on sales. YH008 is approved to start trials in China and the US. More details....

Stock Symbols: (SHA: 688321) (HK: 02315)

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