Takeda strikes again with deal to develop antibody drug conjugate candidates
Japan’s largest drug company Takeda Pharmaceutical (TYO: 4502) has signed research licensing agreements with LegoChem Biosciences (Kosdaq: 141080) in a collaboration aimed at developing new antibody drug conjugate (ADC) candidates.
This will allow Takeda access to the South Korean company’s proprietary ADC technology, ConjuAll, a platform utilizing a site-specific bio-conjugation method and a stable beta-glucuronide linker, enabling the design of homogeneous plasma stable ADCs with the potential for improved payload delivery to cancer cells.
Financial details of the deal were not disclosed, though Takeda will have an exclusive option to license global rights for the project results.
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