Zymeworks Enters its First ZymeLink™ Antibody-Drug Conjugate Platform Licensing Agreement with Iconic Therapeutics
Zymeworks Inc. (ZYME)
Last zymeworks inc. earnings: 3/2 04:15 pm
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Source: Business Wire
Zymeworks eligible to receive milestone payments, royalties, and worldwide co-promotion rights Zymeworks entitled to a share of revenues if Iconic outlicenses the program VANCOUVER, British Columbia--(BUSINESS WIRE)-- Zymeworks Inc. (NYSE/TSX: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that it has entered into a licensing agreement that grants Iconic Therapeutics, Inc. (Iconic) non-exclusive rights to Zymeworks’ proprietary ZymeLink™ antibody-drug conjugate (ADC) platform for the development of its ICON-2 Tissue Factor ADC for cancer. This is the first collaboration leveraging the ZymeLink platform and represents Zymeworks’ third technology platform licensed to a collaborator. “We believe this first ZymeLink licensing deal provides further validation of our novel ADC technology, which is already bei
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ZYME
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- 3/6/24 - Beat
ZYME
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- ZYME's page on the SEC website