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Deal Watch: Genentech Expands Upon Arvinas PROTAC Collaboration

 
• By Joseph Haas, Ying Huang, and Alexandra Shimmings

The Roche affiliate doubles the potential monetary value of partnership focused on PROTAC technology in a range of therapeutic areas. Cardinal sells off Chinese business for $1.2bn, while Novartis licenses Homology’s gene-editing technology.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Below is a roundup of some of the most noteworthy recent transactions. Deal Watch is supported by deal intelligence from Strategic Transactions.

Apparently impressed with what it has seen in the first two years of its collaboration with Arvinas Inc.,

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• By Sarah Karlin-Smith, Mandy Jackson, and Alaric DeArment

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The company said it intends to maintain a focus on rare neuromuscular disease with apitegromab but could consider partnering in obesity.