Weekly Digest - Mar 2024

15 Mar 2024: Hansoh Pharma and Biotheus strengthen collaboration on EGFR/cMET Bispecific ADC development

  • Biotheus and Hansoh Pharma expand strategic collaboration for antibody-drug conjugate (ADC) development
  • Hansoh Pharma gains exclusive worldwide rights to use Biotheus’ anti-EGFR/cMet bispecific antibody PM1080/HS-20117 for ADC product development
  • Biotheus stands to receive up to 5 billion RMB in upfront and milestone payments, plus royalties based on global net sales
  • PM1080/HS-20117, currently in phase I clinical trials, targets EGFR and cMet to inhibit tumor growth and survival
  • The collaboration aims to leverage Hansoh’s ADC expertise and Biotheus’ antibody capabilities to develop novel EGFR/cMet bispecific ADCs
  • Both companies express confidence in the potential clinical benefits and transformative treatment options for cancer patients globally

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