Pharma Deals Review, Vol 2012, No 10 (2012)

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MacroGenics Signs Second Regional Option-Based Deal with Servier

Heather Cartwright

Abstract


Les Laboratoires Servier has entered into a second regional option-based deal with MacroGenics, this time to use the company’s DART™ (dual-affinity re-targeting) platform to develop and commercialise bispecific antibodies against three undisclosed cancer targets. Servier has already optioned rights to MacroGenics’ Phase I immune-stimulating monoclonal antibody MGA271. The DART alliance, which is worth US$20 M upfront to MacroGenics, is the latest step in the company’s recovery from the Phase III development failure of its type 1 diabetes drug candidate teplizumab in 2010.



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