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Amgen licenses Immunomedics' cancer antibody; terminated

Executive Summary

Amgen has licensed from Immunomedics (cancer and infectious disease diagnostics and therapeutics) a humanized monoclonal antibody, LymphoCide (epratuzumab), in Phase III to treat non-Hodgkin's lymphoma. It will pay (uf)$18mm up front, up to $65mm in clinical milestones, and one-time sales milestones of $50-225mm if net sales reach between $500mm to $1bn.
Deal Industry
  • Biotechnology
    • Large Molecule
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
Deal Status
  • Terminated
Deal Type
  • Alliance
    • R+D and Marketing-Licensing
    • Includes Contract

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