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I-Mab, ABL Bio Enter License Agreement

ABL Bio to in-license global rights to I-Mab's bispecific antibodies of undisclosed target with licensing payments of $100M

I-Mab Biopharma and ABL Bio Corporation have entered into a strategic partnering agreement for ABL Bio to in-license the global rights excluding Greater China to I-Mab’s bispecific antibodies (BsAb) of undisclosed target with licensing payments of approximately $100 million in total. The two companies also agreed on a collaboration to co-develop additional BsAbs as part of the partnership.    Under the terms of the agreement, ABL Bio will pay $2.5 million in upfront payment. I-Mab wi...

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