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Daiichi Sankyo to license a subcutaneous version of Enhertu (fam -trastuzumab deruxtecan) from Alteogen
A subcutaneous version of Daiichi Sankyo’s AstraZeneca-partnered blockbuster antibody-drug conjugate (ADC) Enhertu could be forthcoming from Alteogen following a licensing deal worth up to $300 million.
Under the deal, Daiichi will pay Alteogen $20 million upfront to develop the subcutaneous (SC) Enhertu formulation using its human hyaluronidase (ALT-B4) platform, according to a Korean exchange disclosure. Commercial and development milestones could add up to another $280 million for Alteogen, plus royalties tied to sales. The contract is conditional and “may vary” based on the success of clinical studies and regulatory approval.
Type: industry