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Takeda to bring Innovent’s next-gen IO Backbone therapy and ADC molecules to the global market.
October 22, 2025
By: Charlie Sternberg
Associate Editor
Takeda Pharmaceutical Co. has signed a licensing and collaboration agreement with Innovent Biologics Inc. to develop and commercialize two late-stage oncology candidates outside of Greater China, the companies announced Tuesday. The deal includes IBI363, a bispecific antibody fusion protein targeting PD-1 and IL-2α, and IBI343, an antibody-drug conjugate (ADC) aimed at Claudin 18.2, a protein commonly expressed in gastric and pancreatic cancers. Takeda will also hold an exclusive option to li...
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