Tesaro (TSRO) PT Raised to $72 at Deutsche Bank Following Deal with Anaptysbio
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TESARO, Inc. (TSRO), AnaptysBio Enter Immuno-Oncology Antibody Colaboration
March 13, 2014 9:22 AM EDTTESARO, Inc. (Nasdaq: TSRO) and AnaptysBio, Inc., a privately held therapeutic antibody company, announced an exclusive, worldwide license agreement and immuno-oncology antibody collaboration. Under the terms of the agreement, TESARO receives rights to monospecific antibody drug candidates targeting TIM-3, LAG-3 and PD-1 and dual reactive antibody drug candidates targeting PD-1/TIM-3 and PD-1/LAG-3. Therapeutic antibodies selected from these programs will form the basis of a strategic platform that will enable TESARO to develop novel monotherapy and combination-based approaches with immuno-oncology and other anti-cancer agents in a variety of indications. Antibody candidates from these... More
