Bayer and NextRNA sign $547M collaboration to develop oncology therapies targeting lncRNAs.

Bayer and NextRNA Therapeutics signed a $547M strategic collaboration to develop small molecules targeting long non-coding RNAs (lncRNAs) in oncology. NextRNA will receive upfront and near-term milestone payments, research funding, and development and commercial milestone payments, plus tiered royalties on net sales. The partnership aims to advance novel small molecule therapeutics in oncology by inhibiting lncRNA function.

August 28, 2024
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