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surf1944

06/27/13 2:10 PM

#182 RE: surf1944 #180

9:05AM Seattle Genetics and Agensys, an Affiliate of Astellas (ALPMY), announce co-development of an additional antibody-drug conjugate under existing collaboration (SGEN) 30.86 : Co announced that Seattle Genetics has exercised an option to co-develop an additional antibody-drug conjugate under the companies' existing ADC collaboration agreement. The ADC, called ASG-15ME, targets the tumor antigen SLITRK6, which is known to be expressed on bladder and lung cancer. Agensys has submitted an investigational new drug (IND) application to the FDA for a phase 1 trial of ASG-15ME.