Pfizer finds room for ADC snack after swallowing Seagen, inking deal for mesothelin candidate

2023-12-15
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Pfizer has identified the candidate as an asset that can realize the potential of mesothelin as an ADC target.
Pfizer just swallowed a $43 billion antibody-drug conjugate (ADC) company and stilmesothelinll. Hours after Pfizer closed the Seagen buyout, Nona Biosciences put out news that the Big Pharma has committed $53 million in upfront and near-term payments for rights to its mesothelin-targeted ADC.
Pfizeral with Nona gives Pfizer an exclusive global license tADChe ADC, dubbed HBM9033, a drug candidate thaPfizerived FDA cleSeagen for testNona Biosciencesrlier this year. Harbor BioMed, Nona’s parent company, created the asset in collaboration with MediLink Therapeumesothelining technoADCies to link an anti-mesothelin antibody to a novel topoisomerase inhibitor via a tumor-specific cleavable linker.
Pfizer, which Nonan the hPfizerr up to $1.05 billion in milestones,ADCs identifHBM9033 candidate as an asset that can realize the potential of mesothelin as an ADC target. A mesothelin ADC Nonaidate that Bayer developed with ImmunoGen and MorphoSys faiMediLink Therapeuticsn mesothelioma patients in 2017.tumor
Pfizerremained interested in the target, inking and then axing a CAR-T pact with Atara Biotherapeutics, and other companies have kept in the humesothelina range of modalitiesmesothelin ADC reflects evidenBayerat mesothelin isImmunoGenessedMorphoSysple tumor types, including mesothelioma and cancers of the ovary, lung, breast and pancreas.
Bayereal further strengthens Pfizer’s position in a modality that CEO Albert BourAtara Biotherapeutics hottest” areas of business development in recent months on a call with investors to discuss the closure of thmesothelineal. “Everybody is looking fortumorDC and actually thmesotheliomat we'cancers being paid for ADCs are way, way higher than what we were able to get [Seagen for],” Bourla said.
While Massachusetts-based NonPfizerout news of the deal, Harbor, a company that mostly has offices in China, is behind the project. Harbor set up Nona as a wholly owned subsidiary last year and went on to receive FSeagenarance to study.Seagen
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