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Nona Bio Signs $604 Million License to Discover mAbs for AstraZeneca

publication date: May 23, 2024

Nona Biosciences signed a $604 million license agreement with AstraZeneca to develop preclinical monoclonal antibodies that will be used to create targeted therapies for oncology indications. A global company, Nona offers early development services ranging from target validation and antibody discovery through preclinical research. AstraZeneca will make a $19 million upfront and a $10 million near-term payment, plus $575 million in potential milestones. It is also eligible for option payments on other programs. Nona is a subsidiary of Harbour BioMed, a Boston-Rotterdam-Shanghai company based on its Harbour Mice® antibody technology platform. More details....

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