Jun. 8 at 7:27 PM
$NRIX I like this deal with
$RHHBY. It gives the company over a billion in cash, significantly reduces its burn rate by via shared development expenses with roche. Allows them to put money into other assets and speed up development of those products. This is a game changer for the company, removes the risk of dilution for years to come, and increases the speed of development for the rest of their portfolio.
$ONC is a bit ahead of them in the degrader space but this deal will level the playing field and allow for additional trials. The only surprise here is that it wasn’t a deal with a
$AZN.
