Ono Pharma exercises option on Numab I-O antibody
Swiss clinical-stage biotech Numab Therapeutics and Japan’s Ono Pharmaceutical (TYO: 4528) today announced that Ono has exercised its option to enter into a development and license agreement for a multispecific antibody candidate that was generated through a research collaboration between the two companies initiated in 2017.
Under the terms of the license agreement, Ono acquires intellectual property rights and exclusive global development and commercialization rights for a multispecific antibody targeting a novel immuno-oncology target.
Numab to get $277 million payment
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