LegoChem and Glycotope in ADC link-up
South Korean company LegoChem Biosciences (Kosdaq: 141080) and Germany’s Glycotope have signed a research collaboration and license agreement to develop an antibody drug conjugate (ADC).
The collaboration will see the companies combine LegoChem's proprietary ADC technology with one of Glycotope's investigational tumor targeting antibodies.
"ADCs with potential to perform beyond today’s best standard of care"Under the terms of the agreement, LegoChem has the right to exercise its option for worldwide exclusive rights to develop and commercialize the selected antibody as an ADC, upon successful completion of a feasibility study.
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