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BioNTech to pay $70 million upfront and additional development, regulatory and commercial milestones, with a potential value of more than $1 billion.
October 13, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
BioNTech entered into a strategic research collaboration and worldwide licensing agreement with MediLink Therapeutics based in China, to develop next-generation antibody-drug conjugates for cancer. BioNTech will pay $70 million upfront and additional development, regulatory and commercial milestones, with a potential value of more than $1 billion. MediLink will grant the exclusive global right to develop, manufacture and commercialize its antibody-drug conjugate (ADC) assets targeting the HE...
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