Roche Holding AG has agreed to pay $250m up front to buy privately held Good Therapeutics, gaining exclusive rights to a preclinical asset and technology centered on the development of PD-1-regulated interleukin-2 (IL-2) receptor agonist therapeutics. IL-2 is a well validated immuno-oncology target but it has remained elusive for drug makers to hit safely and effectively, so Good’s technology aims to work around challenges with this therapeutic target.
Roche Buys IL-2 Technology From Good, Which Forms New Firm Bonum
Roche is paying $250m up front to buy Good Therapeutics, which will launch a new company, Bonum Therapeutics, to explore its platform technology for targets other than interleukin-2.
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