Araris Biotech AG Expands its IP Portfolio with the Acquisition of Innate Pharma’s Portfolio of Transglutaminase Patents for the Generation of Antibody-Drug Conjugates (ADCs)
Wednesday, September 25, 2024
Araris Biotech AG, a Swiss oncology biotech company developing next-generation antibody-drug conjugates (ADCs), today announced it has entered into an Agreement with Innate Pharma (“Innate”). Under the agreement, Innate will assign its portfolio of patents related to its ADC transglutaminase conjugation technology to Araris.
“We are excited to acquire Innate’s portfolio of transglutaminase related patents, as this transaction further positions Araris as a leader in the development of ADCs using transglutaminase conjugation technology,” said Dragan Grabulovski, Ph.D., CEO and co-founder of Araris. “We look forward to continuing to develop next-generation site-specific ADCs and believe this acquisition not only expands our intellectual property portfolio, but also strengthens our competitive edge.”
The newly acquired patents encompass a broad range of intellectual property that cover use of bacterial transglutaminase in conjugating various linker-payloads to antibodies.
Source: ararisbiotech.com
