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TAP technology to combine with Lilly MAbs
December 20, 2011
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
Eli Lilly and Co. and ImmunoGen have entered into an antibody-drug conjugate (ADC) collaboration. Lilly will pay an upfront fee of $20 million for rights to take a limited number of exclusive licenses to use ImmunoGen’s maytansinoid Targeted Antibody Payload (TAP) technology with Lilly monoclonal antibodies to develop novel ADC anticancer therapeutics. Daniel Junius, president and chief executive officer of ImmunoGen, commented, “Lilly is a leader in the development of innovative, a...
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