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BioWorld - Monday, December 22, 2025
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Home » Back from the edge: Macrogenics teams with Gilead in potential $1.76B deal
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Back from the edge: Macrogenics teams with Gilead in potential $1.76B deal

Oct. 17, 2022
By Lee Landenberger
It’s been a rough year at Macrogenics Inc., but times may be changing. Having terminated a phase II study due to fatalities, dropped 15% of its workforce and closed research and manufacturing sites in the past year, the company has taken the helping hand of Gilead Sciences Inc. The pair have agreed to develop the bispecific MGD-024, which has a CD3 component for minimizing cytokine release syndrome, as an oncology candidate along with two additional bispecific research programs, a potential treatment for certain blood cancers, including acute myeloid leukemia and myelodysplastic syndromes.
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