Exscientia Entered into a Research Collaboration with Sanofi to Develop Cancer & Immunology Therapies
Shots:
- Exscientia to receive $100M up front & is eligible to receive ~$5.2B upon achievement of research, translational, clinical development, regulatory & commercial milestones & also get an option for clinical co-investment to increase the royalty ~21% on net sales of co-funded products
- The agreement will use Exscientia’s AI-based capabilities & personalized medicine platform to identify & select target projects along with the development of 15 new small molecule therapies for cancer & immune-mediated diseases
- Exscientia will lead the small molecule drug design & optimization activities. Sanofi will lead the preclinical/ clinical development, manufacturing & commercialization of the product
Ref: Businesswire | Image: Businesswire
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