Arrakis Therapeutics partners with Roche

By The Science Advisory Board staff writers

April 8, 2020 -- Biopharmaceutical firm Arrakis Therapeutics has inked a license agreement with Roche to collaborate on research of Roche's RNA-targeted small-molecule drugs.

Arrakis will head discovery and research activities for each target to a certain point. At that time, Roche will have the right to exclusively pursue further preclinical and clinical development.

For its efforts, Arrakis will receive an upfront payment of $190 million in cash and also could receive preclinical, clinical, commercial, and sales milestone payments and royalties for any resulting products. Arrakis estimates that the potential value of the collaboration's future payments could reach several billion dollars, subject to regulatory approvals and the satisfactory completion of other conditions.

Arrakis' discovery platform is designed to integrate RNA bioinformatic and structural tools, curated chemical libraries, RNA-specific assays, and RNA-guided medicinal chemistry. The company also is developing a pipeline of RNA-targeted small molecules to treat a range of serious illnesses, including cancers and other diseases.


Copyright © 2020 scienceboard.net


Register below for our weekly Letter from the Editor to receive the latest Science news and insights.
Email
Conferences
2nd Annual Cell Therapy Bioprocessing Conference
June 25-26
Boston, Massachusetts United States
BioProcess International Europe
July 13-16
Amsterdam, Noord-Holland Netherlands
Bioprocess International West
August 10-13
Santa Clara, California United States
Connect
Science Advisory Board on LinkedIn
Science Advisory Board on Facebook
Science Advisory Board on Twitter