CStone Signs a License Agreement with LegoChem for LCB71 to Treat Multiple Cancer Indications

Shots:

• LCB to receive $10 M as upfront, and up to $353.5M as cumulative milestone payments along with royalties on sales of LCB71. CStone get an exclusive global right to lead the development and commercialization of LCB71 outside the Republic of Korea
• The collaboration adds the first ADC to CStone’s development pipeline, bolstering its precision medicine franchise with a new modality
• LCB71 is a pre-clinical ADC targeting ROR1, having the potential to treat multiple cancer indications and has demonstrated efficacy and reduced toxicity in preclinical studies

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