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0 0.000380228136882189 0 0 0.0188212927756654 0.0212319391634981 0.0114068441064639 0.0220532319391636
Stock impact report

Caris Life Sciences Announces Collaboration with Genentech to Discover Novel Therapeutic Targets in Cancers with High Unmet Clinical Need [Yahoo! Finance]

Caris Life Sciences, Inc. (CAI) 
Last caris life sciences, inc. earnings: 10/29 04:00 pm Check Earnings Report
US:NYSE Investor Relations: investor.capps.com/investor-relations
Company Research Source: Yahoo! Finance
precision medicine pioneer, today announced that its therapeutic research arm, Caris Discovery, has entered into a multi-year collaboration and license agreement with Genentech, a member of the Roche Group. In this collaboration, Caris will work to identify and validate novel oncology targets in solid tumor tissue. Under the terms of the agreement, Caris is eligible to receive upfront and near-term payments of $25 million and is also eligible for up to $1.1 billion of potential research, development, commercial and net sales milestone payments, as well as potential tiered royalties on net sales of collaboration therapies. "At Caris, we are committed to making precision medicine a reality for all patients. This innovative collaboration with Genentech is specifically designed to identify and validate novel targets in solid tumors. By combining Caris' unparalleled multimodal data and tissue-based discovery engine with Genentech's deep expertise in therapeutics development, we hope to Show less Read more
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