The importance of partnerships15 Apr 2020 14:10
Avacta founded its Therapeutics division in 2015 precisely as a result of being approached by Moderna, a global
leading mRNA company, and the resulting licensing and option agreement that they entered into. Although
Moderna paid an upfront cash sum of $0.50m, the potential for milestone payments amounting to “several tens
of millions of dollars” for each therapeutic Affimer candidate that Moderna licensed, persuaded Avacta of the
commercial opportunity in moving into the therapeutics space
Moderna Therapeutics
Daewoong Pharmaceutical
ADC Therapeutics