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Home » Poseida’s $6B blood relationship with Roche akin to Takeda deal in concept, strategy: CEO
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Poseida’s $6B blood relationship with Roche akin to Takeda deal in concept, strategy: CEO

Aug. 9, 2022
By Randy Osborne
Shares of Poseida Therapeutics Inc. (NASDAQ:PSTX) closed Aug. 3 at $4.51, up $2.08, or 85%, as a result of the collaboration and licensing deal with Roche Holding AG that brings $110 million up front as well as the same amount in near-term milestone payments described by CEO Mark Gergen as “highly achievable,” and the arrangement could be worth as much as $6 billion if goals farther down the road are met.
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