Moderna co-founder Kenneth Chien's new biotech inks $950M RNA deal with Etherna

cafead

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  • cafead   Jan 09, 2025 at 09:32: PM
via Young biotech Dropshot Therapeutics has hooked in Etherna Immunotherapies with an RNA pact that could net up to $950 million.

The deal is intended to yield several new drug candidates across multiple undisclosed indications, according to a Jan. 9 release. Etherna will collect an undisclosed upfront payment, plus research funding, and then up to $950 million in milestone and royalty payments.

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