Arvinas Enters into a Transaction with Novartis, including a Global License Agreement for the Development and Commercialization of PROTAC® Androgen Receptor (AR) Protein Degrader ARV-766 for the Treatment of Prostate Cancer

April 11, 2024

https://www.globenewswire.com/news-release/2024/04/11/2861380/0/en/Arvinas-Enters-into-a-Transaction-with-Novartis-including-a-Global-License-Agreement-for-the-Development-and-Commercialization-of-PROTAC-Androgen-Receptor-AR-Protein-Degrader-ARV-7.html

– Arvinas to receive a $150 million upfront payment for the license of ARV-766 and the sale of Arvinas’ preclinical AR-V7 program, with the potential under the License Agreement for up to $1.01 billion in development, regulatory, and commercial milestones, as well as tiered royalties –

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