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Ipsen Dives Back Into Dealmaking With First ADC Pact

 
• By Kevin Grogan

The French drugmaker has teamed up with South San Francisco's Sutro Biophgarma to bag the rights to a preclinical-stage ADC targeting ROR1.

Ipsen
• Source: Alamy

Ipsen SA has resumed its oncology shopping spree and moved into the antibody-drug conjugate (ADC) space for the first time by linking up with Sutro Biopharma, Inc. of the US.

The French mid-sized pharma has inked a deal that could be worth up to $900m, including $90m in near-term payments and an equity investment, to get its hands on Sutro's...

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