Shots:

• The two partners will jointly enhance the existing platform utilizing One Drop’s know-how and capabilities of the One Drop platform and will co-develop digital health therapies across multiple therapeutic areas               
• One Drop will receive $98M financing- development fees and commercial milestones while in exchange Bayer will receive royalties on sales. In the future- Bayer may also support the commercialization of the jointly developed digital products
• The collaboration allows Bayer to accelerate its evolution towards a digital health business with a focus to provide integrated care patient service offerings

­ Ref: Bayer | Image: Getty Images