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BioWorld - Friday, January 2, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Antibody-drug conjugate illustration

Innate out-licenses antibodies for celiac disease to Takeda in deal worth $400M

April 4, 2023
By Tamra Sami
Innate Pharma SA inked a licensing deal that grants Takeda Pharmaceutical Co Ltd exclusive worldwide rights to research and develop antibody-drug conjugates using a panel of selected Innate antibodies against an undisclosed target, with a primary focus in celiac disease.
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Brain illustration

Building ‘Confodence’: Confo enters potential $182M GPCR pact with Daiichi Sankyo

April 4, 2023
By Cormac Sheridan
Confo Therapeutics NV closed out March in much the same way as it began the month – with a deal. 
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3D illustration demonstrating antibody-drug conjugate.

Duality out-licenses ADCs in deal that could top $1.7B

April 4, 2023
By Caroline Richards
Biontech SE has tapped into two of Duality Biologics Co. Ltd.’s antibody-drug conjugate candidates (ADCs), paying Duality $170 million up front and agreeing on development, regulatory and commercial milestone fees of $1.5 billion or more.
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Brain and DNA

Biorchestra inks potential $861M deal to develop therapies for neurological disorders

April 4, 2023
By Doris Yu
Biorchestra Co. Ltd. reached an exclusive research, option and licensing contract with a U.S.-based company to use its targeting technology platform to develop nucleic acid therapies to treat neurological disorders in a deal valued up to $861 million.
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Junshi, Rxilient form JV to develop and commercialize PD-1 toripalimab across Southeast Asia

April 4, 2023
By Tamra Sami
Junshi Biosciences Co. Ltd. and Rxilient Biotech Pte Ltd. are forming a joint venture (JV) to develop and commercialize Junshi’s PD-1 inhibitor, toripalimab, in nine Southeast Asian nations.
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Deal illustration

Scorpion strikes precision oncology deal worth up to $553M with Pierre Fabre

April 4, 2023
By Caroline Richards
Scorpion Therapeutics Inc. has out-licensed two of its small-molecule EGFR inhibitors to Pierre Fabre SA in exchange for a $65 million up-front fee and could also earn up to $553 million in potential milestone payments, plus royalties on net sales.
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Statue of man and horse outside of U.S. FTC building

Illumina plans to appeal FTC’s Grail divestiture order

April 3, 2023
By Mark McCarty
The U.S. Federal Trade Commission (FTC) issued a final order in connection with the proposed reacquisition of Grail Inc. by Illumina Inc., in an action that might seem to finally conclude a matter that has stretched over several years. However, the FTC acknowledged that Illumina has 60 days to petition the order, which Illumina said it intends to do in conjunction with an effort to overturn a similarly adverse outcome in the EU.
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Cancer treatment developer Apollomics gets listed on Nasdaq in SPAC merger

April 3, 2023
By Zhang Mengying
Cancer treatment developer Apollomics Inc. merged with special purpose acquisition company (SPAC) Maxpro Capital Acquisition Corp., gaining a listing on Nasdaq under the ticker APLM and raising $23.65 million of private investment in public equity (PIPE).
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3D illustration demonstrating antibody-drug conjugate.

Duality out-licenses ADCs in deal that could top $1.7B

April 3, 2023
By Caroline Richards
Biontech SE has tapped into two of Duality Biologics Co. Ltd.’s antibody-drug conjugate candidates (ADCs), paying Duality $170 million up front and agreeing on development, regulatory and commercial milestone fees of $1.5 billion or more.
Read More
Hand shake at signing ceremony

Scivita Medical, Boston Scientific collaborate to market choledochoscope in China

March 31, 2023
By Doris Yu
Scivita Medical Technology Co. Ltd. formed a long-term partnership with Boston Scientific Corp. to commercialize Scivita Medical's single-use percutaneous choledochoscope in China. This collaboration will increase the market penetration rate of the product.
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