Key Takeaways
- Taiho will pay $400m up front and up to $740m in milestone fees to buy ADC platform company Araris, expanding its oncology drug development pipeline beyond small molecules.
- Swiss biotech firm Araris developed novel ADC linker technology that it believes will improve efficacy as well as toxicity.
- The transaction is one of about 10 ADC deals so far in 2025, including a collaboration Araris signed earlier this year with Chugai.
Taiho Pharmaceuticals said on 17 March that it will spend $400m up front and up to $740m in milestone payments to expand its cancer drug development pipeline through the acquisition of antibody-drug conjugate (ADC) developer Araris Biotech
The acquisition of Araris began with a relationship established in November 2023, when the Swiss biotech and Taiho agreed to collaborate on the development of novel ADCs against unnamed drug targets using Araris’s proprietary linker-payload technology platform, AraLinQ. The financial terms of that partnership were not disclosed
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