Medicus Pharma inks deal with Pfizer to advance clinical-stage ADC
Philadelphia, USA-based Medicus Pharma (Nasdaq: MDCX) has entered into a co-development and license agreement with US pharma giant Pfizer (NYSE: PFE).
Under the accord, Pfizer granted Medicus subject to certain rights retained by Pfizer and other qualifications contained in the agreement, an exclusive, sublicensable, royalty-bearing, worldwide license under specified Pfizer patent rights, and a non-exclusive, sublicensable, royalty-bearing, worldwide license under related platform patent rights and know-how, in each case to develop, manufacture and commercialize PF-08046031 (CD228V), an early clinical-stage antibody-drug conjugate targeting melanotransferrin (CD228), and products incorporating it, for the treatment, prevention, diagnosis, control and maintenance of all human diseases and disorders.
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