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ADC Deal Train Rolls On As BMS Taps Into Tubulis

German Biotech Banks $22.8m Upfront

 
• By Kevin Grogan

The Munich-based firm has landed a big pharma partner in Bristol Myers Squibb, claiming the deal validates the potential of its approach in developing next-generation antibody-drug conjugates.

Dominik Schumacher
Dominik Schumacher • Source: Tubulis

Tubulis GmbH is the latest biotech to benefit from big pharma's surge of interest in next-generation antibody-drug conjugates (ADCs), inking a deal that could be worth over $1bn.

The German firm has inked a license agreement with Bristol Myers Squibb Company that gives the latter exclusive rights to Tubulis’ Tubutecan payloads in combination with its proprietary P5...

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