Shots:
- Synaffix is eligible to receive $246M upfront & milestones along with royalties on net sales. ProfoundBio to get non-exclusive license rights to use Synaffix’s ADC technologies for one therapeutic program to targets specific TAA & also retains license option rights to a second TAA
- The agreement will access Synaffix’s linker-payload technologies including GlycoConnect & HydraSpace to optimize ADCs therapeutic properties
- ProfoundBio will be responsible for the research, development, manufacturing & commercialization of ADC products. Synaffix will support ProfoundBio’s research activities & responsible for the manufacturing of components specifically related to its ADC’s technologies
Click here to read full press release/ article | Ref: Businesswire | Image: Synaffix
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