BioPharma Dive September 30, 2024
The Swiss pharma is paying Regor Therapeutics $850 million to buy a pair of prospects it sees as potential successors to blockbuster medicines from Pfizer and Eli Lilly.
Dive Brief:
- Roche on Monday agreed to pay $850 million to acquire two experimental breast cancer drugs being developed by China-based biotechnology startup Regor Therapeutics.
- The deal hands Roche two medicines that Regor, in a statement, described as “next-generation” versions of the CDK inhibitors widely used to treat certain breast cancers. One prospect is in early-stage testing already, while the other is ready to begin its first human trials. In a presentation to investors, Roche executives revealed early data showing one of the drugs, RGT-419B, has “durable single agent activity” in...