Zai Lab finds latest target in Regeneron’s bispecific, paying up to $190M for Chinese rights
Nine months after hinting they might have bispecific antibodies in the works, Shanghai-based Zai Lab has signed on to help commercialize one of biotech’s most promising candidates.
Zai Lab and Regeneron have signed a deal to develop and commercialize REGN1979, their CD20XCD3 bispecific now being tested in a range of blood cancers, in mainland China, Hong Kong, Taiwan and Macau. Zai Lab will pay Regeneron $30 million and up to $160 million in developmental and sales milestones.
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