BioAtla, Context Therapeutics Enter Into License Agreement for BA3362 Cancer Treatment

MT Newswires Live

2024/09/23

BioAtla (BCAB) and Context Therapeutics (CNTX) said Monday they have entered into an agreement granting Context an exclusive worldwide license to develop, produce and market BA3362, BioAtla's Nectin-4 x CD3 T-cell engager.

Under the terms, BioAtla will receive $15 million in upfront and near-term milestones, and is eligible to receive up to $133.5 million in total payments along with tiered royalties on net sales, the companies said.

Context will assume and fund all development and commercialization activities, the companies said.

Price: 1.70, Change: -0.02, Percent Change: -1.16

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