{"id":10680,"date":"2023-12-15T21:19:00","date_gmt":"2023-12-15T13:19:00","guid":{"rendered":"https:\/\/flcube.com\/?p=10680"},"modified":"2024-10-31T21:29:44","modified_gmt":"2024-10-31T13:29:44","slug":"seagen-inc-acquires-global-rights-to-hbm9033-adc-in-deal-with-nona-biosciences-and-medilink-therapeutics","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=10680","title":{"rendered":"Seagen Inc. Acquires Global Rights to HBM9033 ADC in Deal with Nona Biosciences and Medilink Therapeutics"},"content":{"rendered":"\n<p>Nona Biosciences, a subsidiary of HBM Holdings Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/2142:HKG\">HKG: 2142<\/a>), and Suzhou-based Medilink Therapeutics have jointly announced the licensing of their co-developed antibody-drug conjugate (ADC), HBM9033 (YL215), to Pfizer Inc.&#8217;s (<a href=\"https:\/\/www.google.com\/finance\/quote\/PFE:NYSE\">NYSE: PFE<\/a>) unit Seagen Inc. (NASDAQ: SGEN). According to the agreement, Seagen will secure global clinical development and commercialization rights for HBM9033. In return, Nona\/Medilink will receive USD 53 million in upfront and near-term payments, with the potential for an additional USD 1.05 billion in milestone payments and tiered royalties on future net sales.<\/p>\n\n\n\n<p>HBM9033 is a promising best-in-class ADC that targets human mesothelin (MSLN), a protein expressed in mesothelial cells lining several body cavities. Over-expression of mesothelin has been identified in various tumor types, including mesothelioma, ovarian cancer, pancreatic adenocarcinoma, lung adenocarcinoma, and cholangiocarcinoma. The ADC recently obtained clinical trial approval in the United States in August of this year.- <a href=\"https:\/\/flcube.com\">Flcube.com<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nona Biosciences, a subsidiary of HBM Holdings Ltd (HKG: 2142), and Suzhou-based Medilink Therapeutics have&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[35,129,916,1813,128,863,309,1735],"class_list":["post-10680","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-adc-xdc","tag-hbm-holdings","tag-hkg-2142","tag-nasdaq-sgen","tag-nona-biosciences","tag-nyse-pfe","tag-pfizer","tag-seagen"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Seagen Inc. Acquires Global Rights to HBM9033 ADC in Deal with Nona Biosciences and Medilink Therapeutics - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Nona Biosciences, a subsidiary of HBM Holdings Ltd (HKG: 2142), and Suzhou-based Medilink Therapeutics have jointly announced the licensing of their co-developed antibody-drug conjugate (ADC), HBM9033 (YL215), to Pfizer Inc.&#039;s (NYSE: PFE) unit Seagen Inc. (NASDAQ: SGEN). According to the agreement, Seagen will secure global clinical development and commercialization rights for HBM9033. In return, Nona\/Medilink will receive USD 53 million in upfront and near-term payments, with the potential for an additional USD 1.05 billion in milestone payments and tiered royalties on future net sales.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=10680\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seagen Inc. Acquires Global Rights to HBM9033 ADC in Deal with Nona Biosciences and Medilink Therapeutics\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. FLCUBE delivers reliable data, news, and intelligence to broaden your horizons and sharpen your decision-making. 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