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Deal Watch: Parvus Signs Second Big Pharma Alliance, With Genentech

 
• By Joseph Haas, Ian Haydock, and Anju Ghangurde

Two years after its first big Navacim-based tie-up with Novartis, Parvus could earn beyond $800m in autoimmune R&D pact with Genentech. Iconic licenses ADC tech from Zymeworks, then out-licenses lead candidate to Exelixis.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Deal Watch is supported by deal intelligence from Strategic Transactions.

Parvus Therapeutics Inc. unveiled a worldwide collaboration and license agreement with Genentech Inc. on 16 May to create...

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