News

Ipsen and Marengo Therapeutics Announce Second Strategic Partnership

12.06.2024 - Ipsen and Marengo Therapeutics Inc, a clinical-stage biotech company, announced today the expansion of their ongoing oncology research partnership, to include TriStar, Marengo’s next-generation, precision T cell engager (TCE) technology.

Traditional TCEs targeting ‘cold’ tumors have limited efficacy due to poor T cell quality and exhaustion. Marengo’s proprietary TriStar TCEs have the potential to overcome these limitations, redirecting a new and expanded pool of highly activated T cells to the tumor. The teams will focus on exploring potential in ‘cold’ tumors which typically fail to trigger a strong immune response when treated with TCEs. This partnership is an extension of the companies original agreement in 2022

“We take a science-first approach to expanding our pipeline and are delighted to continue our strong work with the teams at Marengo, who share our passion and drive to accelerate cancer innovations,” said David Jenkins, SVP, Research and External Innovation at Ipsen. “Through Marengo’s next-generation TriStar platform we have the potential to unlock the power of the immune system, activating a wider pool of T cells to eradicate tumors that traditionally have a weak response to T-cell immunotherapies.”

“We are excited to build on our existing research collaboration with Ipsen, which has already successfully delivered the first development candidate earlier this year,” said Zhen Su, CEO of Marengo Therapeutics. “This new collaboration with Ipsen builds on our clinically validated TCR Vβ platform and our internal work with new TriStar T cell engagers that suggest best-in-class potential and the ultimate precision IO goal of delivering the right T cells to the right tumor. The TriStar platform significantly expands our portfolio to target difficult-to-treat ‘cold’ tumors, and we are thrilled to partner with the Ipsen oncology team to realize this ambition together.”

Under the terms of the agreement, Ipsen will assume responsibility for all activities following development candidate nomination. Marengo will receive an upfront payment and potential payments up to a total of $1.2 billion (€1.11 billion) if all milestones are met in addition to tiered sales royalty payments.

Contact

Ipsen Pharma

Paris
France

+33 1 58 33 50 00

Marengo Therapeutics, Inc.

840 Memorial Drive, 4th Floor
02139 Cambridge
MA, United States