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Emergence Therapeutics
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Through the acquisition, Eli gains access to Emergence's ADC pipeline, including ETx-22 (enfortumab vedotin), which targets Nectin-4 and is being developed for bladder, triple-negative breast cancer and malignancies with moderate and low Nectin-4 expression levels.


Lead Product(s): Enfortumab Vedotin

Therapeutic Area: Oncology Product Name: ETx-22

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: Eli Lilly

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Acquisition June 29, 2023

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Emergence will be responsible for the research, development, manufacturing and commercialization of the ADCs. Synaffix will be responsible for the manufacturing of components that are specifically related to its proprietary technologies.


Lead Product(s): Antibody-drug Conjugate

Therapeutic Area: Technology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Large molecule

Recipient: Synaffix

Deal Size: Undisclosed Upfront Cash: $360.0 million

Deal Type: Licensing Agreement September 06, 2022

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Proceeds from this funding round will be used to advance the company’s next-generation antibody drug conjugate (ADC) including ETx-22, targeting Nectin-4 to clinical proof-of-concept as well as the development of additional ADC programs.


Lead Product(s): ETx-22

Therapeutic Area: Oncology Product Name: ETx-22

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: Pontifax Venture Capital

Deal Size: $98.3 million Upfront Cash: Undisclosed

Deal Type: Series A Financing December 07, 2021

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Under the terms of the agreement, Emergence Therapeutics will use a PSARlink™ drug-linker developed by Mablink to develop an ADC targeting Nectin-4, a protein overexpressed in several severe cancers.


Lead Product(s): Antibody-drug Conjugate

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: Mablink Bioscience

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Licensing Agreement October 21, 2021

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