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BRIEF-Zymeworks Enters Zymelink Antibody-Drug Conjugate Platform Licensing Agreement With Iconic Therapeutics

Published 2019-05-14, 06:55 a/m
Updated 2019-05-14, 07:00 a/m
© Reuters.  BRIEF-Zymeworks Enters Zymelink Antibody-Drug Conjugate Platform Licensing Agreement With Iconic Therapeutics

May 14 (Reuters) - Zymeworks Inc ZYME.TO :

* ZYMEWORKS ENTERS ITS FIRST ZYMELINK™ ANTIBODY-DRUG CONJUGATE PLATFORM LICENSING AGREEMENT WITH ICONIC THERAPEUTICS

* ZYMEWORKS INC - ZYMEWORKS ELIGIBLE TO RECEIVE MILESTONE PAYMENTS, ROYALTIES, AND WORLDWIDE CO-PROMOTION RIGHTS

* ZYMEWORKS INC - ZYMEWORKS ENTITLED TO A SHARE OF REVENUES IF ICONIC OUTLICENSES PROGRAM

* ZYMEWORKS INC - AGREEMENT ALSO PROVIDES ZYMEWORKS CO-PROMOTION RIGHTS WITH INCREASED ROYALTIES FOR PRODUCTS DEVELOPED USING ADC PROGRAM.

* ZYMEWORKS - ENTERED LICENSING AGREEMENT GRANTING ICONIC THERAPEUTICS NON-EXCLUSIVE RIGHTS TO CO'S PROPRIETARY ZYMELINK ANTIBODY-DRUG CONJUGATE PLATFORM

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