M&A
confidence high
sentiment positive
materiality 0.75
Zentalis licenses ROR1 ADC ZPC-21 to Immunome for $35M upfront, up to $275M milestones
Zentalis Pharmaceuticals, Inc.
- Exclusive worldwide license of preclinical ROR1 ADC ZPC-21 and proprietary ADC platform to Immunome.
- Zentalis receives $35M upfront in cash and Immunome common stock; eligible for up to $275M milestones plus mid-to-high single-digit royalties.
- Immunome plans to submit IND for ZPC-21 in 1Q 2025.
- Zentalis to focus resources on advancing azenosertib (WEE1 inhibitor) in multiple clinical studies.