Weekly Digest - September 2025

Weekly Digest - September 2025

16 September 2025: Adagene expands SAFEbody collaboration and license agreement with Exelixis to develop third novel masked antibody-drug conjugate

  • Adagene announced an amendment to its 2021 collaboration and license agreement with Exelixis, under which Exelixis will use Adagene’s SAFEbody technology to generate a masked monoclonal antibody from Adagene’s pipeline for development as an ADC against an Exelixis-selected solid tumor target
  • Adagene will receive development and commercialization milestone payments plus royalties on net sales of products developed under this agreement
  • The SAFEbody platform masks antibodies until they reach the tumor microenvironment, improving the therapeutic index by reducing off-target binding and safety issues
  • This collaboration aims to enable Exelixis to develop a “SAFE-ADC” that safely delivers cytotoxic or immune-modulating payloads directly to tumor cells
  • Adagene’s most advanced SAFEbody candidate, ADG126, is in a Phase 1b/2 trial for metastatic MSS colorectal cancer, with a Phase 2 trial expected to begin before the end of 2025

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