Bristol-Myers Squibb Company / Repare Therapeutics Inc.
2020 · Licensing/Option · $3.1B · Complete
Announcement Sentiment
100
Strongly positive
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
AnnouncedMay 26, 2020
ClosedMay 26, 2020
Deal value$3.1B
Deal typeLicensing/Option
Therapeutic areaMultiple oncology indications via DNA damage response targets
IndicationsMultiple oncology indications via DNA damage response targets