Takeda pays $5M upfront to license antibodies for celiac disease drug development
Takeda is working on adding another celiac disease candidate to its pipeline, inking a licensing deal with Innate Pharma, allowing it to use a panel of antibodies to research and develop antibody-drug conjugates (ADCs).
In exchange for exclusive worldwide rights to whatever ADCs are developed using a selection of Innate’s antibodies, Takeda will give Innate a $5 million upfront payment with the potential for $410 million in milestones, plus royalties on net sales of any product resulting from the license.
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