Korean partners aim to take next step in ADC field

13 February 2025

South Korea's DAAN Biotherapeutics has entered into an exclusive deal with LigaChem Biosciences (Kosdaq: 141080) to develop a novel tumor-targeting antibody.

Designed for use in antibody-drug conjugates (ADCs), the molecule will be used to enhance treatments for people with solid tumors. DAAN plans to integrate LigaChem’s expertise with its own advanced antibody tech.

The company has established a pipeline targeting overexpressed tumor markers, partly through a partnership with OmniAb (Nasdaq: OABI).

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