Innate Pharma and Takeda join forces on celiac antibody program
French oncology focussed biotech firm Innate Pharma’s (Euronext Paris: IPH) shares were up 16.6% at 3.12 euros in early trading today, as it revealed an exclusive license agreement with Japan’s Takeda (TYO: 4502)
Innate ha granted Takeda exclusive worldwide rights to research and develop antibody drug conjugates (ADC) using a panel of selected Innate antibodies against an undisclosed target, with a primary focus in celiac disease.
Takeda will be responsible for the future development, manufacture and commercialization of any potential products developed using the licensed antibodies.
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