Back    Zoom +    Zoom -
WUXI BIO Teams up with Candid Therapeutics on T-Cell Engager Trispecific Antibody Research Services
Recommend
7
Positive
12
Negative
5
WUXI BIO (02269.HK) announced that it had inked a research service collaboration agreement with Candid Therapeutics. Under the agreement, Candid Therapeutics will hold global rights to a preclinical trispecific antibody discovered at WUXI BIO's proprietary universal multispecific antibody platform WuXiBody.

WUXI BIO will receive an upfront payment and is eligible for development and sales milestone payments, totaling up to US$925 million, along with royalties on product sales post-launch.

Related NewsCiti: WUXI BIO's Sale of Irish Vaccine Facility Has No Negative Impact on Finance and To Improve Profitability

AAStocks Financial News