Core Viewpoint - SystImmune has received a milestone payment of $250 million from BMS as part of a collaboration agreement for the development and commercialization of the BL-B01D1 project, a dual-target ADC with significant clinical value and market potential [1][3]. Group 1 - SystImmune is focused on addressing unmet clinical needs in the field of biomedicine, particularly in tumor macromolecule therapies, and aims to establish global commercialization capabilities by 2029 [1]. - The collaboration agreement includes an upfront payment of $800 million from BMS, with potential additional payments reaching up to $5 billion based on specific milestones, and a total potential deal value of up to $8.4 billion [2]. - As of March 7, 2024, SystImmune has received an irrevocable and non-deductible upfront payment of $800 million from BMS [2]. Group 2 - SystImmune will be exclusively responsible for the development and commercialization of BL-B01D1 in mainland China, while BMS will handle the development and commercialization in other global regions [2]. - The agreement stipulates that SystImmune is eligible for additional payments of up to $250 million based on recent or contingent milestones, and up to $7.1 billion upon achieving specific development, registration, and sales milestones [3].
BL-B01D1全球商业化再结硕果 百利天恒收到2.5亿美元里程碑付款