Relay’s SHP2 Runs Aground As Roche Pulls Out Of Development Deal

Relay said in an SEC filing that Roche terminated the deal to develop migoprotafib, though Roche emphasized that it was not due to any emerging clinical safety concerns.

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Relay Therapeutics, Inc. disclosed that Roche Holding AG has ended a nearly four-year-old partnership between the two companies to develop RLY-1971/GDC-1971 (migoprotafib) in oncology. But other companies developing drugs in the same class are moving ahead with their own efforts.

In a 17 July filing with the US Securities and Exchange Commission, Relay said Roche notified it of the termination...

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