
Ipsen outlays $1bn for China-based Simcere’s preclinical ADC

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Ipsen has signed a $1bn licensing deal with Simcere Zaiming for the ADC asset SIM0613, securing global rights outside Greater China. The drug targets LRRC15, showing promise in preclinical models. Ipsen plans Phase I trials in 2026, aiming to expand its oncology portfolio. ADC deals are booming, with Ipsen and other pharma companies investing heavily in this growing drug class.
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