Sanofi to exercise one option to license a new ANKET program from Innate
Shares of Innate Pharma (Euronext Paris: IPH) were up 4.5% at 2.45 euros mid-afternoon, after it announced that French pharma major and Sanofi (Euronext: SAN) has progressed their collaboration.
Sanofi has exercised its option to license a natural killer (NK) cell engager program in solid tumors from Innate’s ANKET (antibody-based NK cell engager therapeutics) platform under the terms of their December 2022 research collaboration and license agreement.
Following a research collaboration period, Sanofi will be responsible for all development, manufacturing and commercialization. Sanofi still retains the option to one additional ANKET target as per the license agreement.
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