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DewDiligence

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Re: Blurforliife post# 66360

Sunday, 04/29/2018 5:31:50 PM

Sunday, April 29, 2018 5:31:50 PM

Post# of 108192
Re: ADRO’s collaborations

The $200M up-front amount you’re thinking of was from the NVS deal inked in 2015 (#msg-112231501), which pertained to ADRO’s STING program. (The up-front amount was actually $225M including a $25M equity purchase by NVS.)

In ADRO’s partnership with JNJ, which was inked in 2014 when ADRO was still private, the up-front amount was not disclosed, but the sum of up-front and contingent payments was $365M (https://www.fiercebiotech.com/biotech/aduro-announces-license-agreement-johnson-johnson-innovation-for-novel-immunotherapies-for ).

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