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jondoeuk

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jondoeuk

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Monday, 03/20/2023 4:44:18 PM

Monday, March 20, 2023 4:44:18 PM

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The company announces an exclusive license and collaboration agreement with OncoC4 on Monday to jointly develop and commercialise the latter's, ONC-392. ONC-392 is an anti-CTLA-4 mAb candidate. Under the partnership, BNTX and OncoC4 will equally share the costs to develop it as monotherapy and in combination with anti-PD-(L)-1 mAbs for multiple solid tumours.

Per the terms, OncoC4 will receive $200M upfront in addition to future payments linked to development, regulatory and commercial milestones, and double-digit tiered royalties.
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