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BMS signs large-molecule licensing agreement with Ambrx

Executive Summary

Ambrx Inc. (protein therapeutics and antibody-drug conjugates) has licensed Bristol-Myers Squibb Co. exclusive global rights to research, develop, and market modified forms of fibroblast growth Factor 21 (FGF-21) for Type II diabetes, and relaxin for heart failure, both currently in preclinical. NOTE: The FGF-21 therapeutic, also known as BMS986036, is also being tested in liver fat, liver injury, and fibrosis in nonalcoholic steatohepatitis patients.
Deal Industry
  • Biotechnology
    • Large Molecule
    • Synthesis Technologies, Production Processes
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • R+D and Marketing-Licensing

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