Adagene Signs Licensing Agreement With Third Arc Bio for SAFEbody Technology

Reuters11-13

Adagene Signs Licensing Agreement With Third Arc Bio for SAFEbody Technology

Adagene Inc. announced a licensing agreement with Third Arc Bio, Inc. Under the terms of the agreement, Third Arc Bio will use Adagene's SAFEbody technology platform to generate masked CD3 T cell engagers targeting unique tumor associated antigens. Third Arc Bio will have rights to research, develop, and commercialize two candidate molecules worldwide. Adagene will receive a $5 million upfront payment and may receive up to $840 million in development and commercial milestones, as well as royalties on end-user sales. Adagene also retains a no-cost option to develop and commercialize the candidate molecules in Greater China, Singapore, and South Korea.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Adagene Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574609-en) on November 13, 2025, and is solely responsible for the information contained therein.

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