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    LOTTE BIOLOGICS Announces Investment in PINOT BIO, ADC Platform Development Pioneer

    Details:

    The investment will facilitate the creation of a cross-industry synergistic environment for the development and production of ADC platforms including, PINOT-ADC™, a next-generation ADC anti-cancer drug platform developing PBX-001 (sacituzumab), targeting solid cancer Trop2.


    Lead Product(s): Sacituzumab Govitecan

    Therapeutic Area: Oncology Product Name: PBX-001

    Highest Development Status: PreclinicalProduct Type: Large molecule

    Recipient: PINOTBIO

    Deal Size: Undisclosed Upfront Cash: Undisclosed

    Deal Type: Financing April 21, 2023

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