Gilead Sciences and Second Genome Signs a Four-Year Collaboration to Identify Biomarkers and Therapies Targeting Inflammatory Bowel Disease
Shots:
- Second Genome will receive $38M as upfront- up to $300M milestones for each of five target discovery programs and royalties for approved therapies. Additionally- it will receive milestones for each validated biomarker delivered under the collaboration
- The collaboration will deploy Second Genome’s Microbiome Analytics Platform to identify biomarkers associated with clinical response in up to 5 of Gilead’s pipeline compounds in inflammation- fibrosis and other diseases and to identify up to 5 novel therapies targeting IBD over the next 4yrs.- with an option to extend the collaboration for an additional 2yrs.
- Gilead to get the global option rights for up to 5 programs targeting all diseases along with exclusive rights to all biomarkers developed under the collaboration
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