Licensing analysis: big deals bolster biotech
PD-(L)1 x VEGF bispecifics prove a big draw.
PD-(L)1 x VEGF bispecifics prove a big draw.
BNT327 could rival Keytruda and Opdivo, but toxicity is worth watching.
The company is paying $1.25bn for a PD-1 x VEGF project, the largest deal here yet.
Conference activity picks up, with the big one – ASCO – at the end of the month.
The group expects to raise nearly $170m.
Cabometyx and Pluvicto get the nod, but it’s another knockback for rivoceranib plus camrelizumab.
In first-line SCLC BNT327 looks better than Tecentriq, but data will need to be replicated outside China.