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Medicus Pharma Inks Global Licensing Deal with Pfizer Worth Over $1 Billion

Source: benzinga.com

Healthcare & BiotechCompany FundamentalsTechnology & InnovationPatents & Intellectual Property
Medicus Pharma Inks Global Licensing Deal with Pfizer Worth Over $1 Billion

Medicus Pharma (MDCX) secured an exclusive, sublicensable global license from Pfizer (PFE) to develop, manufacture, and commercialize PF-08046031 (CD228V), an early clinical-stage antibody-drug conjugate targeting melanotransferrin. The deal gives MDCX full development/commercial rights, which is a positive strategic step though PF-08046031 remains in early-stage development.

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MDCX0.60
PFE0.20

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