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AffaMed In-licenses Rights to AMD Therapy, Approved to Start US Trials

publication date: Feb 15, 2022

Shanghai AffaMed recently in-licensed ex-Asia (plus Japan) rights to a novel bispecific biologic molecule aimed at retinal vascular diseases from AskGene Pharma, located west of Los Angeles. Today, AffaMed announced US approval to start clinical trials of the candidate, AM712, a dual inhibitor of vascular endothelial growth factor (VEGF) and angiopoietin-2 (Ang-2), in patients with neovascular AMD. AffaMed will have exclusive rights to develop, manufacture and commercialize AM712 in the territories. Further details of the agreement were not disclosed. More details....

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