Innovent Biologics, Inc. (HKEX: 01801), a leading biopharmaceutical company, has entered a collaboration and exclusive license agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY) to develop IBI3009, a novel DLL3-targeted antibody-drug conjugate (ADC). IBI3009 has obtained IND approvals in Australia, China, and the U.S., with the first Phase 1 patient dosed in December 2024. This partnership aims to provide advanced treatment options for small-cell lung cancer.
IBI3009 targets DLL3, a protein minimally expressed in normal tissues but significantly overexpressed in small-cell lung cancer and other neuroendocrine tumors. Built on Innovent's proprietary topoisomerase 1 inhibitor (TOPO1i) platform, IBI3009 demonstrates strong anti-tumor activity in multiple chemo-resistant tumor models and a favorable safety profile, positioning it as a potentially best-in-class ADC.
Dr. Samuel Zhang, Chief Business Officer at Innovent, expressed enthusiasm for the partnership, highlighting Roche’s global expertise in oncology as a vital asset to advancing IBI3009. Boris L. Zaïtra, Roche’s Head of Corporate Business Development, emphasized the potential of this collaboration to meet the unmet needs of patients with solid tumors.
Under the agreement, Innovent grants Roche exclusive global rights to develop, manufacture, and commercialize IBI3009. The early-stage development will be a joint effort, with Roche taking over subsequent phases. Innovent will receive an $80 million upfront payment, up to $1 billion in milestone payments, and tiered royalties on global sales.
Founded in 2011, Innovent specializes in high-quality, affordable biopharmaceuticals addressing cancer, cardiovascular, autoimmune, and eye diseases. With 13 marketed products and a robust pipeline, Innovent remains committed to advancing global healthcare through innovation and collaboration.