Dragonfly Therapeutics, Inc. has signed many deals based on its TriNKET technology platform, but a new collaboration with long-time partner Bristol-Myers Squibb Company represents the first asset out-licensed from its cytokine pipeline, developed as complementary molecules to its NK-cell engagers. Bristol received a global exclusive license to Dragonfly’s interleukin 12 (IL-12) cytokine program, including lead candidate DF6002, which moved into its first clinical trial in July.
Bristol Licenses Dragonfly’s IL-12 Program To Boost Immunotherapies
The new collaboration announced 17 August is worth up to $475m in near-term upfront payments plus undisclosed milestone fees and royalties up to 24%.
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