Anthony DeBoer, Synaffix VP of business development

Synaf­fix ex­pands ADC deal from 2022 with Macro­Gen­ics

The Dutch biotech Synaf­fix, which has been ac­tive in the deal space out of the gate in 2023, is build­ing on a deal it made with Macro­Gen­ics last year.

Synaf­fix an­nounced Tues­day it has ex­pand­ed an agree­ment with the biotech Macro­Gen­ics to li­cense out its an­ti­body con­ju­ga­tion plat­form, called Gly­co­Con­nect, along with oth­er pieces of Synaf­fix’s tech­nol­o­gy. The deal is de­signed to cre­ate sev­er­al ADC pro­grams. Both com­pa­nies inked the first in Feb­ru­ary 2022, which net­ted Synaf­fix $586 mil­lion in up­front and mile­stone pay­ments, with three pro­grams be­ing de­vel­oped. Synaf­fix is el­i­gi­ble for roy­al­ties on com­mer­cial sales.

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Senior Associate

Alexandria Real Estate Equities

Durham, NC, USA