Boehringer, Forma Strike Discovery Deal In Oncology

The German pharma pays $65 million upfront in a deal with high-ceilinged milestones, in an ambitious effort to discover cancer drugs that affect protein-protein interactions.

Halfway through 2011,Forma Therapeutics Holdings LLC’s drug discovery platform was the key to a lucrative partnership with Genentech Inc. In the first days of 2012, the start-up revealed its newest alliance, a discovery deal with Boehringer Ingelheim GMBH to identify promising oncology drugs that affect protein-protein interactions.

Boehringer will pay $65 million to Forma in the four-year deal, which also could include up to $750 million in...

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