Roche and Atavistik Bio Sign 2B Dollar Deal

Atavistik Bio partnered with Roche in a drug discovery agreement potentially worth nearly 2 billion dollars. The collaboration focuses on developing oral treatments for cardiovascular, kidney, and metabolic diseases using proprietary technology.

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The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann

ROCHE HOLDING AG-BR signed a drug-discovery partnership with Atavistik Bio worth up to $2B on Thursday afternoon. The deal focuses on developing oral treatments for cardiovascular, kidney, and metabolic diseases. The agreement spans multiple targets and includes $70M upfront alongside $1.9B in milestone payments.

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