CytomX expands Regeneron bispecific cancer therapy collaboration, receives $37 million payment
CytomX Therapeutics, Inc.
Regeneron Pharmaceuticals, Inc.
CytomX Therapeutics, Inc. CTMX | 0.00 | |
Regeneron Pharmaceuticals, Inc. REGN | 0.00 |
- CytomX expanded its collaboration and licensing deal with Regeneron to develop conditionally activated bispecific cancer therapies.
- Regeneron will fund preclinical and clinical development, as well as commercialization, for programs covered under the expanded agreement.
- CytomX will receive a USD 37 million target selection payment tied to two additional programs.
- Regeneron secured an option to select up to six additional future targets.
- Milestones across nomination, development, regulatory, and sales could total about USD 4 billion; CytomX is also eligible for tiered global net sales royalties.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CytomX Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606030800PRIMZONEFULLFEED9730821) on June 03, 2026, and is solely responsible for the information contained therein.
