Roche enters $1.15 bln licensing deal for Sarepta gene therapy [Reuters]
Sarepta Therapeutics, Inc. (SRPT)
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Source: Reuters
Roche enters $1.15 billion licensing deal for Sarepta gene therapy ZURICH (Reuters) - Roche ( ROG.S ) entered into a $1.15 billion licensing agreement with Sarepta Therapeutics ( SRPT.O ) to obtain the right to launch and commercialize Sarepta’s gene therapy for Duchenne muscular dystrophy (DMD) outside the United States, it said on Monday. Roche will make an upfront payment of $750 million in cash and $400 million worth in equity at closing for Sarepta’s investigational micro-dystrophin gene therapy SRP-9001, it said in a statement on Monday. Sarepta is eligible to receive up to $1.7 billion in regulatory and sales milestones, plus royalties on net sales, Roche said.
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SRPT
Earnings
- 11/6/24 - Beat
SRPT
Sec Filings
- 12/16/24 - Form 4
- 12/12/24 - Form 144
- 12/6/24 - Form 4
- SRPT's page on the SEC website