Posted in

[China BD 2025] Innovent and Roche enters a 1 billion USD license on DLL3 ADC IBI3009

Announced Date: 2025-01-02 (January 2, 2025)

Asset Name: IBI3009

Licensor: Innovent (Innovent Biologics, Inc.,China)

Licensee (Buyer): Roche

.

Asset Modality: ADC (antibody drug conjugate) 

Asset Target: DLL3

Potential Indication: small cell lung cancer

Current Stage: Phase 1

.

Scope of Authority:  

Innovent has granted Roche exclusive global rights to develop, manufacture and commercialize IBI3009.

The two parties will jointly focus on the early-stage development of this ADC candidate, after which Roche will take over full development.

.

Deal Detail:

Upfront payment of $80 million,

Milestone payments up to  $1 billion.

Tiered royalties on net sales.

.

Link:

Innovent Enters into Exclusive Global License Agreement with Roche for Novel DLL3 Antibody Drug Conjugate

https://en.innoventbio.com/InvestorsAndMedia/PressReleaseDetail?key=499

Leave a Reply

Your email address will not be published. Required fields are marked *