GlycoNex out-licenses copy of big-selling biologic

6 January 2025

Taiwan-based GlycoNex (TWO: 4168), a biotech company focused on the development of glycan-directed cancer immunotherapies, has announced a licensing agreement for its denosumab biosimilar, SPD8.

This marks GlycoNex's strategic progress and a significant milestone in its global expansion strategy, according to the company.

Under the terms of the agreement, the unnamed licensee will obtain rights to develop, secure regulatory approval for, and commercialize SPD8 in the designated market, which is also unnamed.

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