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Moderna exercises exclusive licence option for Avacta Affimer biotherapeutics development

Avacta logo 11.2.19Moderna logo 4.3.19Moderna, Inc has exercised its option to enter into an exclusive licensing agreement with Avacta Group plc, the developer of Affimer biotherapeutics and reagents, in respect of certain Affimers against a potential therapeutic target that has been part of a research collaboration, licensing and product commercialisation agreement established between the two companies in 2015. Under the terms of the agreement, Avacta may receive undisclosed payments upon future clinical development milestones and royalties in connection with future product sales for Affimer biotherapeutics developed in collaboration with Moderna.

For further information about Avacta Group visit www.avacta.com and for further information about Moderna, Inc visit www.modernatx.com

Last modified onMonday, 04 March 2019 10:08

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