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Atavistik Bio Announces Strategic Research Collaboration with Roche to Discover and Develop Novel Allosteric Therapeutics

GlobeNewswire Inc.·
Atavistik Bio Announces Strategic Research Collaboration with Roche to Discover and Develop Novel Allosteric Therapeutics

Atavistik Bio entered into a strategic research collaboration with Roche to discover and develop novel small molecule therapeutics for cardiovascular, renal, and metabolic diseases using Atavistik's proprietary AMPS platform. Atavistik will receive $70 million upfront with potential milestone payments up to $1.9 billion plus tiered royalties, while Roche will handle preclinical and clinical development, regulatory, and commercialization activities.

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