{"id":10512,"date":"2018-07-12T15:09:44","date_gmt":"2018-07-12T13:09:44","guid":{"rendered":"https:\/\/www.hollandbio.nl\/?p=10512"},"modified":"2018-08-14T15:15:36","modified_gmt":"2018-08-14T13:15:36","slug":"genmab-enters-strategic-partnership-with-immatics-to-discover-and-develop-next-generation-bispecific-cancer-immunotherapies","status":"publish","type":"post","link":"https:\/\/www.hollandbio.nl\/en\/nieuws\/genmab-enters-strategic-partnership-with-immatics-to-discover-and-develop-next-generation-bispecific-cancer-immunotherapies\/","title":{"rendered":"Genmab Enters Strategic Partnership with Immatics to Discover and Develop Next Generation Bispecific Cancer Immunotherapies"},"content":{"rendered":"<p><strong>Genmab has entered into a research collaboration and exclusive license agreement with privately owned Immatics Biotechnologies GmbH (Immatics), to discover and develop next-generation bispecific immunotherapies to target multiple cancer indications.\u00a0<\/strong>The deal strengthens Genmab\u2019s position in immuno-oncology by combining Genmab&#8217;s proprietary technologies and antibody know-how with Immatics&#8217; XPRESIDENT<strong><sup>\u00ae<\/sup><\/strong>\u00a0targets and T-cell receptor (TCR) capabilities. \u00a0Genmab will receive an exclusive license to three proprietary targets from Immatics, with an option to license up to two additional targets at predetermined economics. The companies will conduct joint research, funded by Genmab, on multiple antibody and\/or TCR-based bispecific therapeutic product concepts.<\/p>\n<p>Genmab may elect to progress any resulting product candidates, and will be responsible for development, manufacturing and worldwide commercialization. For any products that are commercialized by Genmab, Immatics will have an option to limited co-promotion efforts in selected countries in the EU.<\/p>\n<p>\u201cThis collaboration with Immatics gives us the opportunity to combine our unique technologies and expertise to create differentiated novel next-generation therapies. We very much look forward to this exciting partnership in the field of cancer immunotherapy,\u201d said Jan van de Winkel, Ph.D., Chief Executive Officer of Genmab.<\/p>\n<p>Carsten Reinhardt, M.D., Ph.D., Chief Medical Officer and Managing Director of Immatics, commented: \u201cWe are very pleased to join forces with one of the world-leading biotechnology companies to develop and advance novel and highly active cancer therapeutics. This collaboration underpins Immatics\u2019 leadership in intracellular tumor target identification and T-cell receptor engineering.\u201d Dr. Reinhardt further said: \u201cOur bispecific TCR technology exhibits exceptional potency and favourable pharmacokinetic properties by combining Immatics\u2019 proprietary T-cell engaging format with our high-affinity and highly specific T-cell receptors as reported at AACR 2018<sup>1<\/sup>.\u201d<\/p>\n<p>Under the terms of the agreement, Genmab will pay Immatics an upfront fee of USD 54 million and Immatics is eligible to receive up to USD 550 million in development, regulatory and commercial milestone payments for each product, as well as tiered royalties on net sales.<\/p>\n<p><a href=\"http:\/\/ir.genmab.com\/news-releases\/news-release-details\/genmab-enters-strategic-partnership-immatics-discover-and\"><strong>Source: Genmab<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Genmab has entered into a research collaboration and exclusive license agreement with privately owned Immatics Biotechnologies GmbH (Immatics), to discover and develop next-generation bispecific immunotherapies to target multiple cancer indications.\u00a0The deal strengthens Genmab\u2019s position in immuno-oncology by combining Genmab&#8217;s proprietary technologies and antibody know-how with Immatics&#8217; XPRESIDENT\u00ae\u00a0targets and T-cell receptor (TCR) capabilities. \u00a0Genmab will receive [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-10512","post","type-post","status-publish","format-standard","hentry","category-innovatieklimaat"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - 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