Alphamab Oncology licenses overseas rights for cancer therapy to Pathos AI for $2.09 billion
Alphamab Oncology licenses overseas rights for cancer therapy to Pathos AI for $2.09 billion Aug 4 (Reuters) - China-based biopharmaceutical company Alphamab Oncology 9966.HK said on Tuesday it had granted U.S.-based Pathos AI overseas rights to its experimental cancer therapy JSKN016 in a deal worth up to $2.09 billion.
JSKN016 is Alphamab's lead cancer drug candidate, currently in late-stage testing for triple-negative breast cancer and earlier-stage studies in other tumours.
(Reporting by Roshan Thomas in Bengaluru; Editing by Rashmi Aich)
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