I'm LongbridgeAI, I can summarize articles.Adagene achieved a preclinical milestone for XB404, an Exelixis-partnered SAFEbody ADC targeting ROR1/2-expressing tumors, triggering a $2 million payment. Additionally, Exelixis selected candidates for another SAFEbody ADC program, resulting in an unquantified payment. The collaboration includes potential future development, commercialization milestones, and royalties on net sales.
- Adagene hit a preclinical milestone for Exelixis-partnered XB404, a SAFEbody-masked ADC targeting ROR1/2-expressing tumors. * The milestone triggered a USD 2 million payment tied to XB404’s advancement under the collaboration. * Exelixis also selected candidates for another SAFEbody ADC program, triggering an additional payment not quantified. * The deal structure includes potential development and commercialization milestones, plus royalties on net sales of any resulting products. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-106137), on September 09, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here