Nona Biosciences and Pfizer agree terms for global ADC deal

15 December 2023
nona-bio-large

Antibody specialist Nona Biosciences, a wholly-owned subsidiary of Hong Kong-based HBM Holdings (HKEX: 02142), has entered into an exclusive license agreement with Pfizer (NYSE: PFE).

The deal will facilitate the global clinical development and commercialization of Nona’s MSLN-targeted antibody-drug conjugate (ADC), HBM9033.

Under the terms of the deal, Nona will receive a total of up to $53 million in upfront and near-term payments, with the potential for additional payments of up to $1.05 billion in milestones.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology