GC Pharma signs joint development agreement with Canaf for next-generation anticancer drug ‘ADC’

by times news cr

Promote joint development when candidate material ‌requirements for Canaf development are met
⁢ Development ⁢of ‌ADC treatment targeting solid cancer ⁣in patients resistant to existing treatments

⁣ GC​ Green Cross announced⁤ on the 21st that it signed a ‍contract with Canaf Therapeutics, a new ⁤drug research and⁤ development​ company, for joint development of a dual antibody⁣ drug complex (ADC). ‍

This contract is a joint development contract that includes option rights, and if the ADC ‍candidate being developed by Canaf⁢ meets ⁢the agreed upon requirements, GC Pharma will participate in the joint development through the exercise of the option. The two companies decided not to disclose specific contract details, such as targets, option requirements,⁢ and⁢ overall contract size.

Double antibody ADC is a developed material that targets targets expressed ⁢in various solid cancers (cancers ⁣that form ⁣in lumps, stomach cancer, lung cancer, liver‍ cancer, colon ​cancer, etc.) and can treat a wide range of patients. It has great marketability and is considered ​a next-generation anticancer drug because ‍it can be developed as a treatment⁤ for patients who ⁤have acquired drug resistance to existing treatments.

“GC⁢ Pharma is continuously increasing its investment in⁢ the development of anti-cancer and immune disease ​treatments,” said Jeong Jae-wook, head of GC Pharma’s ⁣R&D division.⁢ “I expect that,” he‍ said.

Canaf CEO Lee‍ Byeong-cheol said, “We want to provide new treatment opportunities by developing a⁢ differentiated dual antibody ADC treatment for cancer patients suffering from drug resistance and side effects.” ‍He added, “We ‌will achieve this through joint ⁢development with GC‌ Green Cross, which has extensive experience in new drug development. “We expect that we will be ‍able to accelerate this process,” ⁢he said.

Kim ⁣Min-beom, Donga.com reporter [email protected]

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