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ADC Therapeutics and Overland Pharma Form Strategic JV to Expand ADC Drugs Development and commercialization in Greater China and Singapore, Advised by MSQ Ventures » Notizie italiane in tempo reale!

15 dicembre 2020 NEW YORK, Dec. 15, 2020 /PRNewswire/ M.S.Q. Ventures (“MSQ”) is pleased to announce that its client, ADC Therapeutics SA (NYSE: ADCT), has successfully entered into an agreement to jointly form a new company, Overland ADCT BioPharma (CY) Limited with Overland Pharmaceuticals, a fully integrated, biopharmaceutical company backed by Hillhouse Capital. Under the terms of the agreement, ADC Therapeutics licensed exclusive development and commercialization rights to Lonca, ADCT-602, ADCT-601 and ADCT-901 for greater China and Singapore to Overland ADCT Biopharma, in which Overland Pharmaceuticals has invested $50 million. Overland Pharmaceuticals will have a 51% stake and ADC Therapeutics a 49% stake. ADC Therapeutics can also earn milestone payments and royalties from the license agreement with Overland ADCT BioPharma.

Ted zhangChris martinOverland pharmaceuticalsEcho hindle yangNew york basedஎட் ஜாங்கிறிஸ் மார்டின்ஓவர்‌ல்யாஂட் மருந்துகள்புதியது யார்க் அடிப்படையிலானது

Allogene Therapeutics and Overland Pharmaceuticals Form Joint Venture in Greater China to Develop and Commercialize AlloCAR T™ Cell Therapies

Share: Allogene Overland Biopharm, a First-of-its-Kind Collaboration in Allogeneic Cell Therapy, Is Dedicated to Making AlloCAR T™ Available to Patients in Greater China, Taiwan, South Korea and Singapore The Joint Venture Provides An Opportunity to Accelerate the Global Development of AlloCAR T Therapies for Hematologic Malignancies and Solid Tumors Overland, Backed by Hillhouse Capital, to Invest $117 Million in Capital, Which Includes an Upfront Payment to Allogene and Financial Support to Joint Venture Operations SOUTH SAN FRANCISCO, Calif. and BOSTON and SHANGHAI, China, Dec. 15, 2020 (GLOBE NEWSWIRE) Allogene Therapeutics, Inc. (NASDAQ:ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T™) therapies for cancer, and Overland Pharmaceuticals ( Overland ), a premier biopharmaceutical company backed by Hillhouse Capital, today announced the formation of Allogene Overland Biopharm (Allogene Overland). The joint venture

United statesSouth koreaMadeline davidshoferBiopharm allogeneChristine cassianoDavid changTed zhangAllogene therapeutics incOverland pharmaceuticals media contactOverland pharmaceuticalsAllogene overland biopharmFirst of its kind collaborationAllogeneic cell therapyGreater chinaJoint venture provides an opportunityGlobal development

ADC Therapeutics and Overland Pharma Form Strategic JV to Expand ADC Drugs Development and commercialization in Greater China and Singapore, Advi | ANP Pers Support

ADC Therapeutics and Overland Pharma Form Strategic JV to Expand ADC Drugs Development and commercialization in Greater China and Singapore, Advi | ANP Pers Support
perssupport.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from perssupport.nl Daily Mail and Mail on Sunday newspapers.

Ted zhangChris martinOverland pharmaceuticalsEcho hindle yangNew york basedஎட் ஜாங்கிறிஸ் மார்டின்ஓவர்‌ல்யாஂட் மருந்துகள்புதியது யார்க் அடிப்படையிலானது

ADC Therapeutics SA: ADC Therapeutics and Overland Pharmaceuticals Announce Formation of Overland ADCT BioPharma to Develop and Commercialize Lonca and other ADCs for Hematologic and Solid Tumor Indications in Greater China and Singapore

(2) - Hillhouse-backed Overland Pharmaceuticals to initially contribute $50 million to fund operations and development ADC Therapeutics SA (NYSE:ADCT) and Overland Pharmaceuticals, a fully integrated biopharmaceutical company backed by Hillhouse Capital, today announced that they have jointly formed a new company, Overland ADCT BioPharma (CY) Limited, to develop and commercialize four of ADC Therapeutics antibody drug conjugate (ADC) product candidates for difficult-to-treat hematologic and solid tumors loncastuximab tesirine (Lonca), ADCT-601, ADCT-602 and ADCT-901 in greater China and Singapore. Overland Pharmaceuticals has invested $50 million in Overland ADCT BioPharma to fund operations, including development plans for approval of Lonca for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) in the licensed territory.

United statesNew jerseyCity ofUnited kingdomMadeline davidshoferLausanne biopAnnie starrAmanda hamiltonChris martinTed zhangExchange commissionCompany on twitterDrug administrationOverland pharmaceuticalsDynamics groupHillhouse capital

ADC Therapeutics : et Overland Pharmaceuticals annoncent la création d Overland ADCT BioPharma, qui développera et commercialisera Lonca et d autres ADC pour les indications hématologiques et les tumeurs solides dans la Grande Chine et à Singapour

ADC Therapeutics : et Overland Pharmaceuticals annoncent la création d Overland ADCT BioPharma, qui développera et commercialisera Lonca et d autres ADC pour les indications hématologiques et les tumeurs solides dans la Grande Chine et à Singapour
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