Jazz Pharmaceuticals and ImmunoGen enter into global oncology deal

29 August 2017

US firms Jazz Pharmaceuticals (Nasdaq: JAZZ) and ImmunoGen (Nasdaq: IMGN) have entered into a global licensing agreement to develop and commercialize two early-stage, hematology-related antibody-drug conjugate (ADC) programs.

The deal covers IMGN779, a CD33-targeted ADC for the treatment of acute myeloid leukemia (AML) in Phase I testing, and IMGN632, a CD123-targeted ADC for hematological malignancies expected to enter clinical testing before the end of the year.

Under the terms of the agreement, ImmunoGen will be responsible for the development of the three ADC programs prior to any potential opt-in by Jazz.

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