Araris Biotech inks ADCs deal with Chugai
Swiss oncology-focused Araris Biotech developing next-generation antibody drug conjugates (ADCs), today announced a research collaboration and option to license agreement (RCO) with Japan’s Chugai Pharmaceutical (TYO: 4519).
Araris will use its proprietary linker-conjugation platform, AraLinQ, to generate novel ADCs using antibodies against undisclosed targets provided by Chugai, which is majority owned by Swiss pharma giant Roche (ROG: SIX).
Re-confirming the strong interest in the sector, this is the latest ADC-focused collaboration to be announced this year.
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