Deal Watch: GSK Invests In Early-Stage Synthetic Lethality Programs At Ideaya

Pharma pays $100m up front and makes $20m equity investment for rights to three preclinical cancer programs. Plus more than 20 deal summaries, including COVID-19-related transactions.

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

GlaxoSmithKline PLCdecided on 16 June to place an early bet on IDEAYA Biosciences Inc. and its synthetic lethality approach to precision oncology, paying $100m up front to gain rights to three preclinical programs

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