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Harbour BioMed Enters Global Strategic Collaboration with Otsuka to Advance BCMAxCD3 Bispecific T-Cell Engagers

  • Harbour BioMed announced a global collaboration with Otsuka Pharmaceutical Co., Ltd. to advance BCMAxCD3 bispecific T-cell engagers for autoimmune diseases.
  • Otsuka received an exclusive license to develop HBM7020 globally, except for Greater China.
  • Harbour BioMed will receive $47 million in upfront payments and could earn up to $623 million with future milestones.
  • Both companies aim to establish a foundation for future partnerships in the T-cell engager area.
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Harbour BioMed Enters Global Strategic Collaboration with Otsuka to Advance BCMAxCD3 Bispecific T-Cell Engagers

CAMBRIDGE, Mass., ROTTERDAM, Netherlands and SHANGHAI, June 22, 2025 /PRNewswire/ -- Harbour BioMed (HKEX: 02142), a global biopharmaceutical company committed to the discovery and development of novel antibody therapeutics in immunology and oncology, today announced a global strategic collaboration with…

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PR Newswire broke the news in United States on Monday, June 23, 2025.
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