Roche Signs a Technology License Agreement with Amunix Pharmaceutical to Develop Non-Oncology Therapies
Shots:
- Amunix to receive $40M up front- up to $1.5B as development & commercial milestones along with royalties on sales of products. Roche to leverage Amunix’s XTEN technology platform to develop novel non-oncology therapies for undisclosed targets
- The agreement follows Amunix’s previous technology assessment with Roche which focused on utilizing XTEN to extend the half-life of the drugs
- Amunix’s XTEN technology platform consists of unstructured polypeptides and has been validated via collaboration with biopharmaceutical companies to extend the half-life of therapies with low associated immunogenicity
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Ref: GlobeNewswire | Image: Roche
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