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Peptidream, Genentech ink $1B deal for peptide-radioisotope drug conjugates

Peptidream Inc. and Genentech Inc., a Roche Holding company, signed a deal worth up to $1 billion to discover and develop macrocyclic peptide-radioisotope (peptide-RI) drug conjugates. Peptidream, of Kawasaki, Japan, will use its peptide discovery platform system technology to discover, optimize and develop macrocyclic peptide candidates for use as peptide-RI drug conjugates against targets of interest to Genentech. Genentech will pay Peptidream an up-front payment of $40 million and up to $1 bi...
Roche Holding Genentech Inc Peptidream Inc Peptidream Inc Genentech Inc Peptide Ri

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