Mergers & Acquisitions
ImmunoPrecise Announces $10M ADC Collaboration with Major Biotech
Fierce Biotech
•
March 13, 2025
ImmunoPrecise has revealed a $10 million collaboration focused on antibody-drug conjugates (ADCs) with a large unnamed biotech firm. This collaboration highlights the continued importance of ADCs in oncology research and development.
The announcement of a $10 million collaboration between ImmunoPrecise and a major biotech company in the ADC space signifies the ongoing momentum and substantial interest in this rapidly evolving area of cancer therapeutics. ADCs are proving increasingly successful in targeting and destroying cancer cells with high precision, while limiting damage to healthy tissues. This collaboration likely involves the development, manufacturing, or commercialization of novel ADC therapies. The undisclosed partner's identity adds to the intrigue, indicating a high level of confidence in ImmunoPrecise's expertise and technology. The specific details of the collaboration will be interesting to follow as they are released.