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China's Essex Bio Announces $3.5 Million mAb Partnership with Abpro

publication date: Apr 7, 2016
Essex Bio of Zhuhai has partnered with Abpro, a Massachusetts antibody discovery company, to co-develop several monoclonal antibodies in immuno-oncology and ophthalmology. Essex made a $3.5 million equity investment in Abpro plus an undisclosed amount from its affiliates. Essex will have rights to the drug candidates in China, while Abpro will retain ex-China rights, with cross-royalties from each region. More details....

Stock Symbol: (HK: 1061)

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