Weekly Digest - July 2024

Weekly Digest - July 2024

16 July 2024: SOTIO Enters into Multi-Target Antibody Agreement with Biocytogen to Expand ADC Pipeline

  • SOTIO has agreed to pay Biocytogen up to $325.5 million in upfront and milestone fees for rights to targeting molecules, combining bispecifics with its ADC capabilities

  • Biocytogen uses transgenic mice to generate bispecific antibodies that can be conjugated to cytotoxic payloads, creating ADCs with enhanced cancer-killing power and reduced off-target toxicity
  • Over the past eight years, Sotio has enhanced its ADC capabilities through deals with NBE-Therapeutics, LegoChem Biosciences, and Synaffix, gaining access to conjugation technology, payloads, and ADC candidates
  • The collaboration with Biocytogen gives Sotio the option to license multiple fully human bispecific antibodies
  • SOTIO has selected initial targets for its bispecific program, focusing its pipeline heavily on ADCs 

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