Novartis to pay up to $1.11 billion in Legend CAR-T deal

13 November 2023

Legend Biotech Corporation (Nasdaq: LEGN) has entered into an exclusive, global license agreement with Swiss pharma giant Novartis (NOVN: VX).

The collaboration surrounds certain Legend CAR-T cell therapies targeting DLL3, including LB2102.

Novartis has been granted the exclusive worldwide rights to develop, manufacture and commercialize these cell therapies, and may apply its T-Charge platform to their manufacture.

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