First candidate for Two River and Third Rock-backed firm

6 August 2024

Biotech incubators Two River and Third Rock Ventures have launched TRC 2004, a new company focusing on bispecific T-cell engagers (BiTE), according to a filing with the Hong Kong Stock Exchange.

The filing details the first candidate to be developed by the firm, in-licensed from Genor Biopharma (HKEX: 6998).

The agreement grants the new firm an exclusive global license to develop and commercialize GB261, excluding China, Hong Kong, Macau, and Taiwan.

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