Pharma BD Deal Intelligence

Roche Holding AG / Atavistik Bio

2026 · Licensing/Option · $2.0B · Pending

Atavistik Bio entered a strategic research collaboration with Roche to discover and develop novel small-molecule therapeutics against multiple cardiovascular, renal and metabolic (CVRM) targets. Atavistik leads discovery and research using its AMPS platform, which identifies novel functional binding pockets to enable allosteric small molecules against historically hard-to-modulate targets; Roche is responsible for further preclinical, clinical and commercialization activities. Atavistik receives USD 70 million upfront and is eligible for up to USD 1.9 billion in research, development and commercial milestones plus tiered royalties.

This deal is too recent to grade. Critic Score and Outcome Score are assigned after the announcement-week coverage settles and, for Outcome, after the 5-year post-close assessment window opens — expected 2031 at the earliest for this deal, once/if it closes.

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