Flare Therapeutics Announces Strategic Discovery Collaboration with Roche to Address Previously Undrugged Transcription Factor Targets in Oncology
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Flare Therapeutics has entered a strategic collaboration with Roche to discover novel small molecules targeting transcription factors in oncology. Flare will receive $70 million upfront, with potential milestone payments exceeding $1.8 billion, plus royalties.
November 12, 2024 | 12:15 pm
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Roche has partnered with Flare Therapeutics to discover new oncology treatments, involving a $70 million upfront payment and potential milestone payments over $1.8 billion.
The collaboration with Flare Therapeutics could lead to significant advancements in oncology treatments, potentially boosting Roche's product pipeline and revenue. The financial terms indicate a strong commitment and potential for high returns.
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