A new development and licensing deal with Germany’s Merck KGaA (MRK: DE) will augment the pipeline of immunotherapy specialist PDS Biotechnology (Nasdaq: PDSB).
The New Jersey, USA-based firm is working on a pipeline of targeted immunotherapies for cancer and infectious diseases, which will now include the interleukin (IL)-12 fusion protein M9241.
Drawn by the potential of the candidate to enhance the cancer-targeting effects of T-cells, PDS has secured an exclusive license to the candidate, in return for financial commitments including an upfront consideration of $5 million.
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 accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
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
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze