3SBio gains global rights to Apexigen's anti-TNF MAb
Chinese biotech firm 3SBio (HKEX: 1530) has acquired the ex-China global rights to Apexigen's anti-TNF monoclonal antibody (MAb) technology.
Financial terms of the transaction were not disclosed. 3SBio previously acquired the China rights from privately-held US biopharma firm Apexigen in 2006.
3SBio's anti-TNF MAb, designated SSS07, has completed preclinical testing and demonstrated higher potency than the best-known available TNF inhibitors, including adalimumab and infliximab, potentially improving treatment options for patients with rheumatoid arthritis and other inflammatory diseases.
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