BeiGene and DualityBio Announce Partnership to Advance Differentiated Antibody Drug Conjugate (ADC) Therapy for Solid Tumors
Portfolio Pulse from Benzinga Newsdesk
BeiGene (NASDAQ:BGNE) and DualityBio have announced a partnership to advance a differentiated antibody drug conjugate (ADC) therapy for solid tumors. BeiGene will acquire an exclusive option for a global clinical and commercial license to an investigational, preclinical ADC therapy for patients with select solid tumors.
July 10, 2023 | 11:08 am
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BeiGene's partnership with DualityBio to advance ADC therapy for solid tumors could potentially enhance its product portfolio and future revenue streams.
The partnership with DualityBio allows BeiGene to acquire an exclusive global license for a preclinical ADC therapy. This could potentially enhance BeiGene's product portfolio and open up new revenue streams if the therapy proves successful in clinical trials and receives regulatory approval. Therefore, this news is likely to have a positive impact on BeiGene's stock in the short term.
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