Pharma BD Deal Intelligence

Roche Holding AG / Atea Pharmaceuticals, Inc.

2020 · Licensing/Option · $1.4B · Terminated

Outcome grade pending — assessed 5 years post-close.

Full analysis, sources & comparables →

The coverage arc

Oct 21, 2020 BioPharma Dive Bullish

Roche and Atea Pharmaceuticals will jointly develop AT-527, a Phase 2 oral antiviral for COVID-19, under a deal worth up to 1.35 billion dollars announced…

Oct 21, 2020 STAT News Bullish

Roche has struck a deal worth up to 1.35 billion dollars with Atea Pharmaceuticals for an oral COVID-19 antiviral that the companies hope can be deployed…

Oct 21, 2021 BioPharma Dive Bearish

Roche has officially terminated the 1.35 billion dollar collaboration with Atea Pharmaceuticals on AT-527 after the oral antiviral missed its primary endpoint…

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

All 10 sources with sentiment breakdown →

Atea Pharmaceuticals and Roche entered a strategic global collaboration to develop, manufacture and distribute AT-527, an oral direct-acting antiviral RdRp inhibitor, for COVID-19. Atea received $350M upfront cash plus eligibility for up to $1B in additional payments ($330M tied to regulatory milestones). Atea retained US rights; Roche took ex-US rights. Deal terminated late 2021 after Phase 2 miss.

Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Atea Pharmaceuticals, Inc. (this deal)2020$1.4B
Roche Holding AG / Chugai Pharmaceutical Co. Ltd.2002$1.4B100
Roche Holding AG / Ventana Medical Systems Inc.2008$3.4B88
Roche Holding AG / Corange Ltd. (Boehringer Mannheim Group)1997$11.0B88
Roche Holding AG / Ventana Medical Systems Inc.2007$3.4B88
Roche Holding AG / Foundation Medicine, Inc.2015$1.1B87
Roche Holding AG / Foundation Medicine, Inc.2018$5.3B85

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →