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Macrogenics (MGNX) Announces Achievement of $10 Million Milestone Related to Retifanlimab Collaboration with Incyte (INCY)

February 11, 2021 7:40 AM EST

MacroGenics, Inc. (Nasdaq: MGNX), a biopharmaceutical company focused on developing and commercializing innovative monoclonal antibody-based therapeutics for the treatment of cancer, today announced that a $10 million milestone has been achieved related to development progress of retifanlimab outside the U.S., under its exclusive global collaboration and license agreement with Incyte. Retifanlimab is an investigational anti-PD-1 monoclonal antibody designed by MacroGenics and licensed to Incyte (as INCMGA0012).

As previously announced in January 2021, the U.S. Food and Drug... More