Repare Thera inks global license for camonsertib with Roche
Shares of Canada-based clinical-stage precision cancer drugs developer Repare Therapeutics (Nasdaq: RPTX) were up 27.5% at $11.16 pre-market today, on the news of a worldwide license and collaboration agreement with Swiss pharma giant Roche (ROG: SIX) for the development and commercialization of camonsertib (also known as RP-3500).
Camonsertib is a potent and selective oral small molecule inhibitor of ATR (Ataxia-Telangiectasia and Rad3-related protein kinase) for the treatment of tumors with specific synthetic-lethal genomic alterations including those in the ATM gene (Ataxia-Telangiectasia mutated kinase). Under the collaboration, Roche will assume development of camonsertib with the potential to expand development into additional tumors and multiple combination studies.
Financial terms of the deal
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