Kelun-Biotech in second deal with Merck & Co

27 July 2022

China's Kelun-Biotech has entered into a second collaboration and exclusive license agreement with Merck & Co (NYSE: MRK).

Kelun-Biotech, a holding subsidiary of Sichuan Kelun Pharmaceutical, is teaming up with the US pharma giant, which is known outside North America as MSD, to develop an antibody drug conjugate (ADC) for the treatment of solid tumors.

Under the terms of the agreement, Kelun-Biotech has granted Merck global and exclusive rights to develop, manufacture and commercialize an investigational ADC. The two companies will also collaborate on its early clinical development.

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