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BioWorld - Saturday, June 14, 2025
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Home » Celltrion signs ₩1.77 trillion deal with Pinotbio for ADC platform tech
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Celltrion signs ₩1.77 trillion deal with Pinotbio for ADC platform tech

Oct. 25, 2022
By Tamra Sami
Celltrion Healthcare Inc. has signed a deal with Pinotbio Inc. to develop antibody-drug conjugates (ADCs) for up to 15 separate cancer targets incorporating the linker-payload platform technology Pinot-ADC. Celltrion could pay Pinotbio as much as ₩1.77 trillion (US$1.24 billion) to exercise options for all 15 targets in the collaboration. But, for starters, it will pay Pinotbio ₩1 billion up front.
BioWorld Asia Deals and M&A Cancer Antibody-drug conjugate Asia-Pacific

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