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BioWorld - Tuesday, October 15, 2024
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» Alphamab and JMT-Bio ink $439M antibody-drug conjugate China deal
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Alphamab and JMT-Bio ink $439M antibody-drug conjugate China deal
Oct. 1, 2024
By
Tamra Sami
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Jiangsu Alphamab Biopharmaceuticals Co. Ltd. is out-licensing its anti-HER2 bispecific antibody-drug conjugate, JSKN-003, to JMT-Bio Technology Co. for China rights in a deal worth up to ¥3.08 billion (US$439 million) plus sales royalties.
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