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AZ’s MedImmune Buys Spirogen To Boost Oncology ADC Capability

This article was originally published in The Pink Sheet Daily

Executive Summary

AstraZeneca agreed to pay $200 million upfront and $240 million in predefined milestones for Spirogen to enhance its early oncology pipeline with linked tumor-targeted antibody drug conjugates. The company simultaneously announced a collaboration with ADC Therapeutics to jointly develop ADCs.

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