Roivant Alliance Takes SK Into Cancer, Intractable Diseases

Invests $200m In TPD Platform

Korea's SK Group expands its biopharma business via a sizable investment in Roivant's protein degradation platform, through which the partners aim to progress candidates in cancer, immunology and neurology, with the first entering the clinic next year.

SK and Roivant's partnership
SK First Korean Firm To Enter US Targeted Protein Degradation Market • Source: SK Holdings

SK Group has reached a long-term strategic alliance with Roivant Sciences to develop new drugs based on the US firm’s targeted protein degradation platform, which uses artificial intelligence technology to improve the efficiency of the development process.

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