Licensing deal adds Day One to growing cohort of ADC firms

19 June 2024

California-based Day One Biopharmaceuticals (Nasdaq: DAWN) has announced an exclusive licensing agreement with MabCare Therapeutics for MTX-13.

The novel antibody-drug conjugate (ADC), which has been cleared for clinical testing in the USA, targets protein-tyrosine kinase 7 (PTK7).

Under the agreement, Day One will develop, manufacture, and commercialize MTX-13 worldwide, except in China.

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