Chinese biotech Duality Biologics yesterday revealed that it has entered into an exclusive option agreement with UK pharma major GSK (LSE: GSK) for a potentially best-in-class antibody-drug conjugate (ADC) candidate, DB-1324.
Under the agreement, DualityBio will grant GSK an exclusive option to obtain a license to develop and commercialize DB-1324 worldwide (excluding mainland China, Hong Kong, and Macau).
DB-1324 is a next-generation ADC candidate built with DualityBio's proprietary and clinically validated Duality Immune Toxin Antibody Conjugate (DITAC) platform. The molecule, currently in pre-clinical development, leverages DualityBio's DITAC platform against a gastrointestinal (GI) cancer target. There is high unmet medical need for patients with GI cancer as it represents 35% of all cancer-related deaths and approximately 26% of the global cancer incidence. This ADC molecule has the potential to unlock multiple combination therapy opportunities to strategically complement GSK's oncology portfolio.
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