Candid keeps growing with EpimAb partnership

17 December 2024

Cell therapy specialist Candid Therapeutics has entered a strategic collaboration with Shanghai-based EpimAb Biotherapeutics (Nasdaq: PHUN) to discover and develop new T-Cell engager (TCE) candidates.

The partnership marks Candid’s latest move to expand its pipeline, following a series of acquisitions and collaborations since its September launch with $370 million in initial funding from investors including Foresite Capital and Third Rock Ventures.

The San Diego-based firm will benefit from the Chinese biotech’s antibody design platforms, which will be used to generate TCE candidates for various autoimmune indications.

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