Announced Date: 2025-01-02 (January 2, 2025)
Asset Name: IBI3009
Licensor: Innovent (Innovent Biologics, Inc.,China)
Licensee (Buyer): Roche
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Asset Modality: ADC (antibody drug conjugate)
Asset Target: DLL3
Potential Indication: small cell lung cancer
Current Stage: Phase 1
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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.
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Deal Detail:
Upfront payment of $80 million,
Milestone payments up to $1 billion.
Tiered royalties on net sales.
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Link:
Innovent Enters into Exclusive Global License Agreement with Roche for Novel DLL3 Antibody Drug Conjugate
https://en.innoventbio.com/InvestorsAndMedia/PressReleaseDetail?key=499