China's BeiGene hands back rights to antibody-drug conjugate

13 November 2023

Canadian biotech Zymeworks (TSX: ZYME) has reacquired rights for the antibody-drug conjugate (ADC) zanidatamab zovodotin, from partner BeiGene (Nasdaq: BGNE).

Zymeworks provided the update on the firms’ collaboration agreement as part of its financial results statement, with China-based BeiGene returning rights in the Asia–Pacific region.

The companies have been working together since November 2018, under the terms of a license and collaboration agreement for selected indications across multiple HER2-expressing cancers.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK