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Ascletis Adds Global Rights to China Deal for Alphamab's PD-L1

publication date: Nov 8, 2021

Hangzhou's Ascletis Pharma extended its partnership with Suzhou Alphamab to include global rights for its PD-L1 as a viral disease therapy. Previously,  Ascletis held only GreaterChina rights to the candidate. Ascletis is especially interested in developing the PD-L1 to treat Hepatitis B. Alphamab says ASC22 is a first-in-class subcutaneously injected PD-L1 antibody that it is developing for oncology indications. Ascletis will make upfront and milestone payments to Alphamab, plus royalties of up to 20%, but further specific details were not disclosed. More details....

Stock Symbol: (HK; 1672)

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