Asia Deal Watch: Innovent And Bolt Collaborate On Immune-Stimulating Antibody Conjugates

Partners will share development and commercial rights to up to three ISAC products for cancer. Wockhardt licenses China rights for novel antibiotic to Jiangsu Jemincare.

Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Deal Watch is supported by deal intelligence from Biomedtracker.

Hong Kong-listed Innovent Biologics, Inc. and US biotech Bolt Biotherapeutics, Inc. announced an R&D collaboration on 26 August to develop three novel immune-stimulating antibody conjugate (ISAC) products for cancer. Bolt gets $5m up front with a possible $10m equity investment from Innovent

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