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.
Seagen And Nurix Hope To Pioneer A New Class Of Degrader-Antibody Conjugates
The two drug developers announced a collaboration to develop and commercialize multiple cancer programs. Nurix will receive $60m up front.