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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Light Horse Therapeutics has entered a strategic collaboration with Novartis, securing a $25 million upfront payment and the potential for up to $1 billion in milestone payments for research, development, and sales. This partnership aims to leverage Light Horse's innovative platform to develop first-in-class therapeutics, particularly targeting challenging oncology areas. The collaboration is expected to accelerate the creation of novel cancer treatments, utilizing advanced genetic screening and proprietary chemical libraries.
Light Horse Therapeutics has launched with a $62-million series A financing and a collaboration with Novartis potentially worth over $1 billion. The San Diego-based biotech employs a "function-first" approach to drug discovery, focusing initially on oncology targets while integrating precision genome editing techniques. The partnership includes a $25-million upfront payment and opportunities for significant R&D and sales milestones.
Markus Renschler
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16:15 09.01.2025
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