Araris Biotech partners with Chugai Pharmaceutical to develop new cancer treatments, potentially worth $780M.

Araris Biotech, a Swiss company, has partnered with Chugai Pharmaceutical, a Japanese subsidiary of Roche, to develop new antibody-drug conjugates (ADCs). Araris will use its AraLinQ™ platform to create these ADCs, which could lead to improved cancer treatments. Chugai will pay an upfront fee, fund research, and handle future development and sales, potentially paying Araris up to $780 million in milestones and royalties.

2 months ago
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