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Good Therapeutics today announced that it has confirmed an acquisition agreement with Roche

 Last Update: 2022-09-14
 Source: Internet
 Author: User

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Good Therapeutics today announced that it has confirmed an acquisition agreement

Roche will have access to Good Therapeutics' innovative, conditional activation, PD-1-regulated IL-2 program, and the exclusive rights

Good focuses on developing protein therapies

Image source: Good Therapeutics

Under the M&A agreement, Roche will make an advance payment of $250 million to Good and pay the corresponding amount based on predetermined development, regulatory and commercial milestones

"Good was founded to develop a new class of drugs that can be conditionally activated, which are not only more effective, but also avoid the problems that have arisen from systemic immune activation in many of the previous drugs," said Dr.

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