Bayer teams up with biotech firm Arvinas in deal worth up to $750 million [Reuters (UK)]
Arvinas, Inc. (ARVN)
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Source: Reuters
Bayer teams up with biotech firm Arvinas in deal worth up to $750 million - Reuters 2 Min Read FRANKFURT (Reuters) - German drugmaker Bayer has signed an alliance with Arvinas Inc to gain access to the U.S. biotech firm’s experimental protein drugs and crop protection technology in a deal worth up to $750 million. Under the pact, Arvinas will receive an upfront payment, pharmaceutical research and development (R&D) support and a direct equity investment of more than $60 million. In addition, milestone payments linked to development achievements and commercial royalties could add up to slightly more $685 million, Bayer said in a statement on Tuesday. Bayer, which is cutting jobs and revamping its drug development activities, has said it will seek to rely more on external partners to improve its prospects in pharmaceuticals development. Arvinas is working on so-called proteolysis targeting chimeras that harness the body’s own natural protein disposal system to degrade and remove disease
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- Arvinas, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - ARVNAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Arvinas, Inc. - ARVNAccesswire
- Lost Money on Arvinas, Inc. (ARVN)? You May Have Been Affected by Fraud - Contact Levi & KorsinskyAccesswire
- Bronstein, Gewirtz & Grossman, LLC Encourages Arvinas, Inc. (ARVN) Investors to Inquire about Securities InvestigationAccesswire
- Did Arvinas, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - ARVNAccesswire
ARVN
Earnings
- 10/30/24 - Beat
ARVN
Sec Filings
- 11/19/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- ARVN's page on the SEC website