There was news of two agreements involving US biopharma Vertex Pharmaceuticals (Nasdaq: VRTX) in recent days.
Firstly, privately-held degrader-antibody conjugates (DACs) company Orum Therapeutics announced a global, multi-target license and option agreement whereby it granted Vertex rights to conduct research using Orum’s dual-precision targeted protein degradation (TPD²) technology for the discovery of novel targeted conditioning agents for use with gene editing.
Following the research period for each target, Vertex will have the option to obtain a worldwide, exclusive license to research, develop, manufacture, and commercialize DACs developed with Orum’s TPD² technology for that target.
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