finance.yahoo.com

Medicus Secures CD228 ADC Deal With Pfizer Development Funding

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Sig2.00Sen+3.15Env0.00Soc+1.50Gov+0.75

Medicus secured rights to a CD228-targeted antibody-drug conjugate program under a development and licensing deal. Pfizer will contribute about $2 million in development funding plus inventory and infrastructure support to help Medicus advance after Pfizer’s Phase 1 dose-escalation work. Medicus also prepares to advance its FDA-pivotal SkinJect 005 study and recruit patients, supported by an analysis projecting possible reimbursement of $25,000+ per patient.

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