2:01 PM
Jul 12, 2018
 |  BC Extra  |  Company News

Genmab, Immatics in bispecific immunotherapy deal

Immatics Biotechnologies GmbH (Tuebingen, Germany) granted Genmab A/S (CSE:GEN; Pink:GMXAY) exclusive, worldwide rights to develop bispecific, T cell-engaging immunotherapies against three targets to treat multiple cancer indications.

Immatics will receive $54 million up front and is eligible for $550 million in milestones for each product the partners develop, plus royalties up to double digits. Genmab...

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