Menarini and Georgiamune have announced a worldwide license and collaboration agreement for GIM-621, a groundbreaking cancer immunotherapy. Georgiamune will receive $45 million in upfront payments, with the total deal potentially reaching $1.1 billion including additional royalties.
Company Information
Company
Georgiamune
Location
Gaithersburg, Maryland, United States
About
Georgiamune Inc. is a clinical-stage science and discovery biotechnology company focused on reprogramming immune signaling pathways to redirect the immune system to fight diseases. Georgiamune has designed unique approaches to re-establish immune balance, and its scientific discoveries have led to pioneering immunotherapies targeting high unmet needs. The company's lead program, GIM-122, is a first-in-class, dual-functioning monoclonal antibody. GIM-122 is designed to overcome immune therapy resistance in cancer patients. In addition to its lead program, the company is advancing a pipeline of first-in-class therapies for cancer and autoimmune diseases.