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Wednesday, April 15, 2020

Y-mAbs in-licenses novel antibody technology for use in cancer

Y-mAbs Therapeutics (YMAB -3.4%) inks an agreement with Memorial Sloan Kettering Cancer Center (MSK) and Massachusetts Institute of Technology securing exclusive global rights to develop and commercialize antibody constructs based on the SADA-BiDE (2-step Self-Assembly and DisAssembly-Bispecific DOTA-Engaging antibody system) Pre-targeted Radioimmunotherapy Platform developed at MSK.
The SADA technology uses a targeted payload delivery method whereby antibody constructs assemble in large molecules called tetramers that bind to tumor cells. A second infusion of a radioactive payload binds to the constructs to radiate the tumor.
Financial terms are not disclosed.
https://seekingalpha.com/news/3560895-y-mabs-in-licenses-novel-antibody-technology-for-use-in-cancer

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