BioNTech is stepping on AstraZeneca and Daiichi Sankyo’s turf with the launch of a Phase III trial for its antibody-drug conjugate aiming at a subset of breast cancer patients who historically have had few treatment options.
Duality Biologics has caught the eye of another global biotech. Months after inking a deal with BioNTech, the antibody-drug conjugate (ADC) specialist has granted BeiGene an option on a preclinical asset in return for a financial package worth up to $1.3 billion.
MAINZ, Germany and SHANGHAI, China, April 3, 2023 – BioNTech SE (Nasdaq: BNTX, “BioNTech”) and Duality Biologics (Suzhou) Co. Ltd. (“DualityBio”), a clinical-stage biotech company focusing on the discovery and development of next generation antibody-drug conjugate (“ADC”) therapeutics to treat patients with cancer and autoimmune diseases, today announced that the companies have entered into exclusive license and collaboration agreements for two ADC assets to develop, manufacture and commercialize the two assets globally, excluding Mainland China, Hong Kong Special Administrative Region and Macau Special Administrative Region. With this collaboration, ADCs will become an additional drug class in BioNTech’s oncology portfolio with the aim to further support BioNTech’s mission of developing highly efficacious therapies for cancer patients at every stage of disease.