Roche Signs a License Agreement with Arrakis Therapeutics for the Discovery of RNA-Targeted Small Molecule Therapies
Shots:
- Arrakis to receive $190M up front in cash and is eligible to get several billion dollars in pre/clinical and commercial milestones along with royalties for products emerging from the collaboration
- Arrakis will be responsible for discovery and research activities of each target to a defined point while Roche will get right to exclusively pursue further pre/ clinical development
- The collaboration will leverage Roche’s rSM discovery platform to discover novel therapies targeting all Roche’s research and development areas
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Ref: Businesswire | Image: Roche
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