Sangamo gains 38% on Biogen license deal; Adamas collects $40m from Forest; Zymeworks inks deal with Lilly's Imclone, raises $15m; and Sunesis regains assets from Biogen, Millennium.
Sangamo stock soars on $320m-plus license deal with Biogen
BioNotebook: Sangamo/Biogen, Adamas/Forest, Zymeworks/Lilly, Sunesis
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Sangamo gains 38% on Biogen license deal; Adamas collects $40m from Forest; Zymeworks inks deal with Lilly's Imclone, raises $15m; and Sunesis regains assets from Biogen, Millennium.
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Pipelines in bioconjugates continue to develop, from ADCs to XDCs, with radionuclide drug conjugates (RDCs) and antibody-oligonucleotide conjugates (AOCs) leading the expansion.
Interim results from the Phase III REMARK study presented at WCLC showed the Chinese company’s second-generation ALK/ROS1 inhibitor met its primary endpoint as a first-line therapy in ALK-positive advanced NSCLC.