ARTICLE | Deals
Roche deal clears path for Blueprint’s financial independence
Blueprint receives $775M up front, diagnostic capabilities via licensing deal for RET inhibitor pralsetinib
July 14, 2020 10:24 PM UTC
In the year’s largest licensing deal thus far, Blueprint has secured the resources it needs to sustain itself financially while gaining access to Roche’s diagnostic capabilities, a key driver for commercializing its targeted therapies for genetically-defined populations.
For Roche (SIX:ROG; OTCQX:RHHBY), the deal provides a second crack at a precision oncology therapy targeting RET...