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Genmab buys ADC technology license from Synaffix

Genmab will pay USD 4.5m upfront for access to antibody technologies developed by Synaffix, in a deal that could total up to USD 415m.

Photo: Tuala Hjarnø / Genmab / PR

A new licensing agreement will secure Genmab the right to use technologies developed by Dutch biotech company Synaffix.

Synaffix offers several ADC (antibody-drug conjugate) technologies, which according to a press release from the company, offer a "rapid timeline to clinic."

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