Pharma BD Deal Intelligence

Roche Holding AG / Shape Therapeutics Inc.

2021 · Co-Development · $3.0B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Aug 19, 2019 PubMed — Merkle et al. ADAR RNA editing Bullish

Site-directed RNA editing using endogenous ADAR enzymes recruited by short guide RNAs enables programmable adenosine-to-inosine edits in cellular transcripts…

Aug 23, 2021 Fierce Biotech Bullish

Roche struck a strategic collaboration with Seattle-based Shape Therapeutics worth more than $3 billion to develop RNA editing therapeutics and AAV gene…

Oct 03, 2024 ShapeTX / GlobeNewswire — RNAfix AI platform advances Bullish

October 3, 2024: ShapeTX released two preprints detailing advances to its RNAfix RNA-editing platform, including the DeepREAD AI model for designing ADAR guide…

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Roche entered a multi-year strategic collaboration and license agreement with Shape Therapeutics (ShapeTX) in August 2021 for next-generation AAV gene therapies and RNA editing therapeutics targeting Alzheimer's disease, Parkinson's disease and rare CNS diseases, pairing ShapeTX's RNAfix ADAR-recruiting RNA-editing platform and AAVid tissue-targeted capsid library with Roche's neuroscience and rare-disease development expertise. Total potential value exceeds $3B across upfront, research funding and development/regulatory/commercial milestones plus tiered royalties. On November 30, 2023 the partners expanded the alliance, with Roche adding a new target and initiating a program to develop a potential one-time therapy for an undisclosed disease affecting millions of people worldwide; the expansion carried a new initial milestone payment plus additional development, regulatory and sales milestones and tiered royalties. ShapeTX subsequently disclosed further AI-platform advances (DeepREAD guide-RNA design model and an enhanced U7 expression system) in October 2024.

Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Shape Therapeutics Inc. (this deal)2021$3.0B
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

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