NetworkNewsBreaks – VERAXA Biotech AG Launches Bispecific ADC Discovery Alliance with OmniAb (NASDAQ: OABI)
VERAXA Biotech AG, a cancer therapy innovator, and proposed de-SPAC target of Voyager Acquisition Corp. (NASDAQ: VACH), announced a co-discovery alliance with OmniAb Inc. (NASDAQ: OABI) to jointly develop a novel bispecific antibody drug conjugate (“bsADC”) program targeting solid tumors. The collaboration combines OmniAb’s transgenic antibody discovery platform with VERAXA’s proprietary ADC linker and conjugation technology to create next-generation cancer therapeutics. Under the agreement, VERAXA will lead preclinical development using two selected cancer targets, while both companies will co-own the program and share future revenues from its advancement, licensing and commercialization. This marks VERAXA’s second major strategic initiative in six…
