PROTIER Biotech Selected for Scale-Up TIPS and KDDF with ‘GSPT1 MGD’

Juyeon Lee, Reporter at Biospectator

‘GSPT1 Molecular Glue Degrader (MGD)’ selected for KDDF support at the multiple myeloma candidate stage; ‘GSPT1 DAC’ chosen for the Scale-Up TIPS program by the Ministry of SMEs and Startups

PROTIER Biotech announced on the 22nd that its degrader–antibody conjugate (DAC), ‘PTB601’, which utilizes a GSPT1-targeting molecular glue degrader (MGD) as a novel payload, has been selected for the 5th round of the 2025 Scale-Up TIPS (Tech Incubator Program for Startups) program, a private investment-led technology startup support initiative organized by the Ministry of SMEs and Startups. Mirae Science & Technology Holdings participated in the program as the operating partner. View More >