{"id":13055,"date":"2023-10-12T00:31:00","date_gmt":"2023-10-11T16:31:00","guid":{"rendered":"https:\/\/flcube.com\/?p=13055"},"modified":"2024-11-17T00:35:51","modified_gmt":"2024-11-16T16:35:51","slug":"medilink-therapeutics-enters-global-licensing-agreement-with-biontech-for-her3-targeted-antibody-drug-conjugates","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=13055","title":{"rendered":"Medilink Therapeutics Enters Global Licensing Agreement with BioNTech for HER3-Targeted Antibody Drug Conjugates"},"content":{"rendered":"\n<p>Suzhou-based Medilink Therapeutics has announced a strategic cooperation and global licensing agreement with Germany-headquartered BioNTech SE (<a href=\"https:\/\/www.google.com\/finance\/quote\/BNTX:NASDAQ\">NASDAQ: BNTX<\/a>). Under this partnership, the two companies will collaborate to develop next-generation antibody drug conjugates (ADCs) targeting the human epidermal growth factor receptor 3 (HER3).<\/p>\n\n\n\n<p><strong>Leveraging TMALIN Technology for Enhanced Efficacy<\/strong><\/p>\n\n\n\n<p>The ADC program, built on Medilink\u2019s proprietary TMALIN technology, has demonstrated exceptional efficacy and safety in multiple pre-clinical tumor models. This innovative approach aims to address the urgent need for effective therapies targeting HER3, a receptor that is highly expressed in various cancers, including non-small cell lung cancer and breast cancer, and is closely associated with tumor metastasis and disease progression.<\/p>\n\n\n\n<p><strong>Significant Financial Commitment and Market Potential<\/strong><\/p>\n\n\n\n<p>As part of the agreement, Medilink will grant BioNTech exclusive rights for the development, manufacturing, and commercialization of one ADC product globally, excluding mainland China, Hong Kong, and Macau. BioNTech will pay Medilink an upfront fee of USD 70 million and has committed to additional development, regulatory, and commercialization milestone payments that could exceed USD 1 billion. The agreement is subject to standard transaction completion conditions, including approval under the Hart-Scott-Rodino Antitrust Improvements Act.<a href=\"https:\/\/flcube.com\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suzhou-based Medilink Therapeutics has announced a strategic cooperation and global licensing agreement with Germany-headquartered BioNTech&#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":[35,342,16,1124],"class_list":["post-13055","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-adc-xdc","tag-biontech","tag-cancer","tag-nasdaq-bntx"],"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>Medilink Therapeutics Enters Global Licensing Agreement with BioNTech for HER3-Targeted Antibody Drug Conjugates - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Suzhou-based Medilink Therapeutics has announced a strategic cooperation and global licensing agreement with Germany-headquartered BioNTech SE (NASDAQ: BNTX). Under this partnership, the two companies will collaborate to develop next-generation antibody drug conjugates (ADCs) targeting the human epidermal growth factor receptor 3 (HER3).\" \/>\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=13055\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medilink Therapeutics Enters Global Licensing Agreement with BioNTech for HER3-Targeted Antibody Drug Conjugates\" \/>\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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