Zymeworks and GSK expand 2016 Azymetric bispecific accord
Canadian clinical-stage biopharma company Zymeworks (TSX: ZYME) today revealed that UK pharma major GlaxoSmithKline (LSE: GSK) has expanded its 2016 licensing and collaboration agreement with Zymeworks for the research, development, and commercialization of bispecific antibodies across multiple disease areas.
Under the expanded agreement, GSK will now have access to Zymeworks’ unique heavy-light chain pairing technology, part of its proprietary Azymetric platform. Zymeworks’ Azymetric platform enables the development of bispecific and multifunctional therapeutics while maintaining the characteristics of naturally-occurring human antibodies.
New deal could be worth $1.1 billion
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