Breaking News, Collaborations & Alliances

Micromet, Amgen in BiTE Antibody Pact

Micromet has entered into a collaboration agreement with Amgen for the research of BiTE antibodies against three undisclosed solid tumor targets.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Micromet has entered into a collaboration agreement with Amgen for the research of BiTE antibodies against three undisclosed solid tumor targets. Amgen will have the right to pursue development and commercialization of two of these targets. Amgen will pay $14 million up front, with clinical and commercial milestones in multiple indications and tumor types of as much as $475 million, in addition to royalties on sales. Micromet is eligible to receive an additional payment upon initiation of a sec...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters