{"id":20433,"date":"2025-01-02T12:51:52","date_gmt":"2025-01-02T04:51:52","guid":{"rendered":"https:\/\/flcube.com\/?p=20433"},"modified":"2025-01-02T12:51:54","modified_gmt":"2025-01-02T04:51:54","slug":"innovent-biologics-strikes-licensing-deal-with-roche-for-ibi3009-adc","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=20433","title":{"rendered":"Innovent Biologics Strikes Licensing Deal with Roche for IBI3009 ADC"},"content":{"rendered":"\n<p>China-based Innovent Biologics, Inc. (<a href=\"https:\/\/www.google.com\/finance\/quote\/1801:HKG\">HKG: 1801<\/a>) has announced a significant licensing agreement with Swiss pharmaceutical giant Roche (<a href=\"https:\/\/www.google.com\/finance\/quote\/ROG:SWX\">SWX: ROG<\/a>). The agreement grants Roche global exclusive development, manufacturing, and commercialization rights to Innovent&#8217;s IBI3009, a DLL3-targeted antibody drug conjugate (ADC) that is anticipated to offer new treatment options for patients with small-cell lung cancer (SCLC). IBI3009 was first dosed in Phase I clinical trials in December of the previous year.<\/p>\n\n\n\n<p><strong>Collaboration on Early Development and Future Milestones<\/strong><br>Under the terms of the deal, Innovent and Roche will collaborate on the early development of IBI3009, with Roche taking the lead on subsequent clinical development. This partnership aims to leverage Roche&#8217;s global resources and expertise to advance the drug&#8217;s potential in treating SCLC, a highly aggressive form of lung cancer.<\/p>\n\n\n\n<p><strong>Financial Terms and Potential Royalties<\/strong><br>Innovent will receive an upfront payment of USD 80 million from Roche and is eligible to receive up to USD 1 billion in development and commercialization milestone payments. Additionally, Innovent stands to earn mid-double-digit tiered royalties based on global annual net sales of IBI3009, highlighting the potential commercial significance of this drug candidate.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-based Innovent Biologics, Inc. (HKG: 1801) has announced a significant licensing agreement with Swiss pharmaceutical&#8230;<\/p>\n","protected":false},"author":1,"featured_media":20434,"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":[35,16,910,198,163,939],"class_list":["post-20433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-deals","tag-adc-xdc","tag-cancer","tag-hkg-1801","tag-innovent-biologics","tag-roche","tag-swx-rop"],"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>Innovent Biologics Strikes Licensing Deal with Roche for IBI3009 ADC - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"China-based Innovent Biologics, Inc. (HKG: 1801) has announced a significant licensing agreement with Swiss pharmaceutical giant Roche (SWX: ROG). The agreement grants Roche global exclusive development, manufacturing, and commercialization rights to Innovent&#039;s IBI3009, a DLL3-targeted antibody drug conjugate (ADC) that is anticipated to offer new treatment options for patients with small-cell lung cancer (SCLC). IBI3009 was first dosed in Phase I clinical trials in December of the previous year.\" \/>\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=20433\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovent Biologics Strikes Licensing Deal with Roche for IBI3009 ADC\" \/>\n<meta property=\"og:description\" content=\"China-based Innovent Biologics, Inc. (HKG: 1801) has announced a significant licensing agreement with Swiss pharmaceutical giant Roche (SWX: ROG). The agreement grants Roche global exclusive development, manufacturing, and commercialization rights to Innovent&#039;s IBI3009, a DLL3-targeted antibody drug conjugate (ADC) that is anticipated to offer new treatment options for patients with small-cell lung cancer (SCLC). 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