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Ascidian Therapeutics Join Hands with Roche to Discover and Develop RNA Exon Editing Therapies for Neurological Diseases

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Ascidian Therapeutics

Ascidian Therapeutics Join Hands with Roche to Discover and Develop RNA Exon Editing Therapies for Neurological Diseases

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  • Ascidian Therapeutics and Roche have signed a research collaboration and licensing agreement to discover and develop RNA exon editing therapies for neurological disorders under which Roche gains exclusive rights to Ascidian’s RNA exon editing technology for undisclosed targets
  • Ascidian, with Roche, will handle discovery & specific preclinical activities while Roche will oversee further preclinical & clinical development, manufacturing plus commercialization
  • The agreement offers Ascidian an initial $42M and an additional $1.8B research, clinical & commercial milestones plus global sales-based royalties. Ascidian is free to develop other neurological targets independently or in partnership

Ref: Ipsen | Image: Ipsen 

Related News:- Ipsen Enters into an Option Agreement with Skyhawk Therapeutics for Two RNA Targeting Small Molecules in Rare Neurological Diseases

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Disha Nankani

Disha is a content writer at PharmaShots. She is passionate and curious about recent updates and developments in MedTech and Pharma industry. She covers news related to clinical trial results and updates. She can be contacted at connect@pharmashots.com.

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