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Business

MacroGenics, Servier Form Antibody Pact

by Rick Mullin
October 1, 2012 | A version of this story appeared in Volume 90, Issue 40
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MacroGenics, a U.S.-based antibody therapeutics developer, and Servier, a French pharmaceutical company, have entered an agreement to develop and commercialize therapies aimed at three undisclosed tumor targets. They will use MacroGenics’ dual-affinity retargeting (DART) antibody platform. DART proteins can be used to redirect the body’s cell-destroying immune effector cells against tumors. MacroGenics will receive a $20 million up-front payment and retain full development and commercialization rights to the three preclinical DART programs in North America and Asia.

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