Five Recent Deals Show ADCs Aren’t Cooling Off For Summer

 
• By Joseph Haas
  
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While 2024 has seen two buyouts of antibody-drug conjugate specialists with $1bn-plus price tags, the focus on ADCs has continued, accounting for almost half of recent oncology deals.

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A review of this summer's dealmaking sees a continued interest in ADCs

Biopharmaceutical companies remained on the hunt for cancer antibody-drug conjugate assets this summer, as deals revolving around ADCs accounted for five of 12 cancer-related deals, according to Biomedtracker.

Key Takeaways

  • Continuing a multi-year trend of hectic dealmaking in the cancer antibody-drug conjugate space, five alliances centered on ADC candidates and R&D were announced this summer.

ADCs have been a significant driver of biopharma dealmaking for several years now. Two of 2023’s four largest M&A transactions...

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