Pharma BD Deal Intelligence

Genentech, Inc. (Roche Group) / Astex Pharmaceuticals

2026 · Licensing/Option · $490M · Complete

Early-stage breast-cancer in-license, milestone-weighted

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The coverage arc

Jul 06, 2026 Astex Pharmaceuticals (IR) Bullish

Astex grants Genentech an exclusive worldwide license to its FBDD breast-cancer program; >$490M upfront+milestones plus tiered royalties.

Jul 06, 2026 European Biotechnology Neutral

Genentech signs breast-cancer discovery deal with Otsuka's Astex worth up to ~$515M in upfront and milestones.

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Astex Pharmaceuticals (an Otsuka company) announced on July 6, 2026 an exclusive, worldwide research collaboration and license agreement with Genentech (a member of the Roche Group) to develop small-molecule inhibitors of a key cell-cycle-dependent regulator as potential breast-cancer therapies. Astex receives USD 25 million upfront and is eligible for preclinical, clinical, regulatory and sales milestones totaling more than USD 490 million, plus tiered royalties. Astex grants Genentech an exclusive license to compounds from its existing breast-cancer discovery program (originating from work with Newcastle University and Cancer Research Horizons); Genentech takes sole responsibility for preclinical/clinical development and global commercialization.

Key facts

Related deals — scored

DealYearValueOutcome
Genentech, Inc. (Roche Group) / Astex Pharmaceuticals (this deal)2026$490M58
Genentech, Inc. (Roche Group) / Tanox Inc.2006$919M80
Genentech, Inc. (Roche Group) / Affimed N.V.2018$5.1B
Genentech, Inc. (Roche Group) / Hanmi Pharmaceutical Co. Ltd.2016$910M
Genentech, Inc. (Roche Group) / Regor Pharmaceuticals Inc.2024$850M
Genentech, Inc. (Roche Group) / OMass Therapeutics Ltd.2025$420M
Genentech, Inc. (Roche Group) / MaxCyte, Inc.2026

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