Servier Deal Termination Fails To Dent MacroGenics’ Flotetuzumab Optimism
• By Alex Shimmings
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The French firm has handed back rights to MacroGenics’ lead DART candidate flotetuzumab. Undaunted, MacroGenics is forging ahead with clinical development including in combination use, while the market awaits a filing and license deal for its lead product margetuximab.
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Servier SA is ending its license and collaboration agreement with MacroGenics Inc.for the investigational anticancer flotetuzumab (CD3 x CD123 DART bispecific) and other earlier-stage DART programs.
The agreement, inked in September 2012, will terminate on 15 January 2020 (unless agreed to sooner) upon which MacroGenics will...
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