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Abbott accesses Seattle Genetics' ADC technology for a single oncology target

 
• By Nancy Faigen

Seattle Genetics said it has signed a deal whereby Abbott becomes the latest big pharma player to access its antibody-drug conjugate (ADC) technology.

Seattle Genetics said it has signed a deal whereby Abbott becomes the latest big pharma player to access its antibody-drug conjugate (ADC) technology.

Abbott has agreed to pay $8 million up front for the rights to use the technology with antibodies to a single undisclosed oncology target

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