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Seattle Genetics, Daiichi Sankyo Enter Antibody Pact

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Seattle Genetics has entered into an exclusive, worldwide collaboration agreement with Daiichi Sankyo for the development of antibody-drug conjugates (ADCs) targeting a single antigen found on multiple types of solid tumors.     Under the terms of the collaboration, Seattle Genetics will receive an upfront payment of $4 million, development milestones and royalties on worldwide sales of any ADC products. Daiichi Sankyo is responsible for research, product development, manufacturing and comm...

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