Weekly Digest - December 2024

Weekly Digest - December 2024

03 Dec 2024: Gilead and Tubulis enter into exclusive option and license agreement to develop ADC candidate for select solid tumor target

  • Gilead Sciences and Tubulis have entered into an exclusive option and license agreement to develop an antibody-drug conjugate (ADC) targeting a solid tumor
  • Gilead will collaborate with Tubulis to leverage their proprietary Tubutecan and Alco5 platforms for ADC development
  • Tubulis will lead the early-stage research and development of the ADC candidate, which aims to address treatment challenges such as durability and off-target toxicity, using a Topoisomerase I inhibitor-based ADC with enhanced biophysical properties
  • Under the agreement, Tubulis will receive an upfront payment of $20 million, with additional potential payments up to $415 million, depending on milestones, and royalties on future product sales
  • If Gilead exercises its option to license the ADC program, it will take responsibility for further development and commercialization of any resulting products

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