Roche Acquires Tusk Therapeutics for $81. 24 M (€70M) for Its Novel Antibody
Shots:
- Tusk to get an upfront $81.2M with contingent payments up to $678.9M (€ 585M) based on certain milestones
- Roche plans to continue the development of novel Ab developed by Tusk for depleting regulatory T-cells. The program is expected to hit the clinics by Q4’19 for cancer patients
- Tusk’s Spinout Black Belt Therapeutics- will hold the development of a remaining portfolio of immune-oncology targets excluding novel Ab
Ref: Tusk Therapeutics | Image: Roche
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