Avenzo announces updates on pipeline and finances

19 November 2024

Californian oncology-focused biotech Avenzo Therapeutics has announced a pair of important updates.

Firstly, the firm revealed that it has entered into an exclusive option agreement with China’s VelaVigo for an exclusive license to develop, manufacture and commercialize a potential first-in-class Nectin4/TROP2 bispecific antibody-drug conjugate (ADC). The deal covers the entire world except Greater China.

Nectin4 and TROP2 are highly co-expressed in multiple solid tumor types, including metastatic urothelial cancer.

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