Medigene and WuXi Biologics ink research collaboration
Germany-based Medigene’s (FSE: MDG) shares were down 3.7% at 1.04 euros in late afternoon trading, after it revealed a collaboration with China’s WuXi Biologics (HK: 2269).
The companies have entered into a three-year, multi-target strategic partnership to design and co-research T cell receptor (TCR)-guided T cell engagers (TCR-TCEs) for the treatment of difficult-to-treat tumors.
They explained that the collaboration combines the respective expertise of each company with Medigene’s 3S (sensitive, specific and safe) TCR generation and characterization capabilities and WuXi Biologics’ unique anti-CD3 monoclonal antibody (MAb), its industry-leading TCE platform and proprietary bispecific antibody platform WuXiBody.
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