Seagen Inc. is teaming up with Nurix Therapeutics, Inc. on a broad multi-year, multi-target collaboration that aims to bring to market a new class of medicines for cancer called degrader-antibody conjugates (DACs). The companies announced the partnership on 7 September, with Seagen offering to pay Nurix $60m up front and potentially $3.4bn in milestone payments across multiple programs.
The partnership will combine Seagen’s expertise in the field of antibody-drug conjugates (ADCs) with Nurix’s work in the area of targeted protein degradation (TPD)
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