Iksuda deepens clinical pipeline, expanding deal with LegoChem
UK antibody drug conjugate (ADC) company Iksuda Therapeutics (Iksuda) today announced further expansion of its differentiated ADC pipeline through a license and commercialization agreement with South Korea-based LegoChem Biosciences (LCB; Kosdaq: 141080).
The accord provides Iksuda with exclusive world-wide rights (excluding Greater China and South Korea) to LCB’s Her2 ADC program, LCB14. The agreement includes development, regulatory and commercial milestone payments to LCB contingent on successful achievement of certain milestones as well as royalties on commercial sales.
Iksuda anticipates that LCB14, now designated IKS014, will enter a Phase I clinical trial program in the USA during the third quarter of 2022.
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