Sesen Bio Looks To Partner Vicineum To Save Money As It Mulls Future Strategy

The company, after revealing in May that it was evaluating various partnership or buyout strategies, also said it would sell its IL-6 programs to Roche as it pauses Vicineum’s US development.

Sesen Bio said it would look to partner Vicineum • Source: Shutterstock

Sesen Bio, Inc. is selling off a portfolio of anti-interleukin-6 (IL-6) antibodies to collaborator Roche Holding AG and looking to find a partner for its lead oncology asset, Vicineum, which was the subject of a complete response letter in 2021, with an eye toward saving money as the company maps out a new strategy following a meeting with the US Food and Drug Administration.

Sesen said on 18 July that it would pause further development of Vicineum (oportuzumab monatox) in the US after what...

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