Dunad Bags Big Pharma Partner In Protein Degradation Deal With Novartis

$24m Upfront For UK Biotech

Dunad is out-licensing its targeted protein degradation and covalent drug platform to Novartis in a deal that could be worth up to $1.3bn.  

Protein Degradation Is Key New Area Of Drug Research • Source: Alamy

Recently formed Dunad Therapeutics, Ltd. has pulled off something of a coup by signing a major licensing deal with Novartis AG for its platform to be used to develop orally bioavailable covalent and targeted protein degradation (TPD) drugs.

The Cambridge, UK-headquartered biotech is getting $24m in upfront and equity investments and could also nab up to $1.3bn in...

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