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Bayer ramps up oncology pipeline with $520m ADC deal

 
• By Sukaina Virji

Seattle Genetics has entered into another antibody-drug conjugate (ADC) collaboration with Bayer, which has agreed to pay upfront and option exercise fees of up to $20m for worldwide rights to Seattle Genetics' auristatin-based ADC technology with antibodies to several oncology targets.

Seattle Genetics has entered into another antibody-drug conjugate (ADC) collaboration with Bayer, which has agreed to pay upfront and option exercise fees of up to $20m for worldwide rights to Seattle Genetics' auristatin-based ADC technology with antibodies to several oncology targets.

Monomethyl auristatin E, also known as vedotin, is the drug part of the conjugate in Seattle Genetics' lead ADC drug,...

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