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