Synaffix secures ADC deals with Boehringer and Mitsubishi Tanabe
Synaffix adds to the flurry of ADC dealmaking as it partners with Boehringer and Mitsubishi Tanabe with deals announced on the same day.
10 January 2025
10 January 2025
Synaffix adds to the flurry of ADC dealmaking as it partners with Boehringer and Mitsubishi Tanabe with deals announced on the same day.
The partnership will leverage Samsung Biologics' new ADC facility equipped with a 500l reactor.
Under the agreement, Myung In Pharma is set to contribute 10% of the subjects to be enrolled for Newron's upcoming trial.
Novo Holdings and Bpifrance co-led the funding round.
Financing was co-led by Forbion and General Atlantic, with participants such as RA Capital Management, OrbiMed, and Lilly Asia Ventures.
The European Commission’s approval expansion follows the FDA’s same decision in July last year.
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