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BioWorld - Thursday, January 15, 2026
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Home » Flare and Schrödinger join multibillion-dollar collaborations
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Flare and Schrödinger join multibillion-dollar collaborations

Nov. 12, 2024
By Lee Landenberger
Flare Therapeutics Inc. will receive $70 million in cash up front from Roche Holding AG, and the deal could ultimately bring the company about $1.8 billion plus royalties. Flare will search for small molecules that can be used to treat undruggable transcription factors to treat cancer. Also, Novartis AG will pay computational-chemistry expert Schrödinger Inc. $150 million up front and as much as $2.3 billion in milestones to develop several candidates along with up to $892 million in R&D and milestone payments.
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