Novartis AG / Aduro Biotech, Inc. (STING pathway program)
2015 · Co-Development · $750M · Terminated
Announcement Sentiment
0
Negative
Novartis and Aduro entered an up-to-$750M global cancer immunotherapy collaboration targeting the STING pathway. Aduro received $200M upfront plus equity investment with up to $500M+ in milestones plus royalties; the partners co-developed STING agonists with Novartis launching a new immuno-oncology research group. Novartis later terminated work on STING program (2019).
Key facts
AnnouncedMar 29, 2015
ClosedMar 29, 2015
Deal value$750M
Deal typeCo-Development
Therapeutic areaSolid tumors (immuno-oncology)
IndicationsSolid tumors (immuno-oncology)
Key assetsADU-S100 / STING pathway agonists
MechanismStimulator of Interferon Genes (STING) pathway agonist (small molecule)