Pharma BD Deal Intelligence

Bristol-Myers Squibb Company / Repare Therapeutics Inc.

2020 · Licensing/Option · $3.1B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

May 28, 2020 BioPharma Dive Bullish

Bristol Myers Squibb has agreed to pay up to $3 billion to discover and develop new cancer drugs based on a concept known as synthetic lethality, in which the…

May 28, 2020 Reuters Bullish

Bristol Myers Squibb agreed to pay Canada's Repare Therapeutics up to $3 billion to develop synthetic lethal cancer drugs, the companies said on Thursday.…

Sep 09, 2022 Endpoints News Bullish

Repare Therapeutics reported initial Phase 1 efficacy data for lead ATR inhibitor camonsertib (RP-3500) in patients with ATM and BRCA-mutant solid tumors, with…

Source summaries from our enrichment pipeline; follow links for originals.

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Bristol-Myers Squibb and Repare Therapeutics entered a global research collaboration and license agreement to discover, develop and commercialize novel synthetic lethality precision oncology drug candidates. Repare received $50M cash + $15M equity upfront and is eligible for up to ~$3B in license, discovery, development, regulatory and sales milestones plus royalties.

Key facts

Related deals — scored

DealYearValueOutcome
Bristol-Myers Squibb Company / Repare Therapeutics Inc. (this deal)2020$3.1B
Bristol-Myers Squibb Company / Medarex Inc.2009$2.4B92
Bristol-Myers Squibb Company / Celgene Corporation2019$74.0B77
Bristol-Myers Squibb Company / MyoKardia Inc.2020$13.1B76
Bristol-Myers Squibb Company / Karuna Therapeutics2023$14.0B76
Bristol-Myers Squibb Company / Ono Pharmaceutical Co., Ltd.201176
Bristol-Myers Squibb Company / SystImmune Inc.2023$8.4B71

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