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Adagene and ConjugateBio partner to develop antibody drug conjugate

Adagene (ADAG) announced a partnership with ConjugateBio to provide a proprietary antibody for use in partner companies’ bispecific ADC development programs. Under the terms of the agreement, Adagene will receive an undisclosed upfront payment, as well as milestone and royalty payments. Adagene retains all non-ADC rights to this partnered antibody.

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