Peter van de Sande, Synaffix CEO

Am­gen kicks off 2023 deal­mak­ing with busy ADC up­start Synaf­fix

Am­gen start­ed off the new year with a bang, join­ing forces with ADC play­er Synaf­fix and agree­ing to dole out as high as $2 bil­lion in Synaf­fix’s largest ADC li­cens­ing deal to date.

The Dutch biotech — run­ning in the same cir­cles as ADC Ther­a­peu­tics, Seagen, Macro­Gen­ics and Emer­gence Ther­a­peu­tics — said Thurs­day that it se­cured a li­cens­ing deal with Am­gen to de­vel­op new AD­Cs. As part of the deal, the Big Phar­ma gets ac­cess to Synaf­fix’s ADC plat­forms and tech­nol­o­gy, start­ing out with one ADC pro­gram. Am­gen re­tains an op­tion to ex­clu­sive­ly li­cense four more pro­grams at a lat­er date, but what those pro­grams could be re­mains un­der wraps.

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