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Monte Rosa Therapeutics Announces Collaboration with Novartis for Degraders to Treat Immune-Mediated Diseases
Novartis will pay $120 million upfront to Monte Rosa for immune disease drug development, with potential total payments reaching $5.7 billion based on milestones and royalties.
Summary by Globe Newswire
8 Articles
8 Articles
American biotech company Monte Rosa Therapeutics has entered into a research agreement with Novartis on immune diseases. The Boston-based laboratory could receive up to $5.7 billion, in addition to an initial payment of $120 million.
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