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WuXi Biologics and BioNTech Ink $20M Deal for Two Monoclonal Antibodies

Jan 11, 2024

WuXi Biologics announced that it has signed a research service agreement with BioNTech under which Wuxi will receive a $20M upfront payment, and BioNTech is granted exclusive rights to develop therapeutic candidates from two undisclosed preclinical investigational monoclonal antibodies discovered by WuXi.  WuXi is eligible for additional payments including for R&D, regulatory and commercial milestones, and tiered royalties.