Year
DEALS // DEV.
Country
Therapeutic Area
Study Phase
Deal Type
Product Type
Dosage Form
Lead Product
Target
Lead Product(s) : Undisclosed
Therapeutic Area : Oncology
Study Phase : Discovery Platform
Sponsor : Eli Lilly
Deal Size : $1,290.0 million
Deal Type : Collaboration
Magnet Biomedicine, Lilly Partner to Develop Novel Molecular Glue Medicines
Details : The collaboration seeks to discover, develop, and commercialize molecular glue therapeutics for oncology by utilizing Magnet's TrueGlue discovery platform.
Product Name : Undisclosed
Product Type : Other Small Molecule
Upfront Cash : $40.0 million
February 28, 2025
Lead Product(s) : Undisclosed
Therapeutic Area : Oncology
Highest Development Status : Discovery Platform
Sponsor : Eli Lilly
Deal Size : $1,290.0 million
Deal Type : Collaboration
Lead Product(s) : Undisclosed
Therapeutic Area : Cardiology/Vascular Diseases
Study Phase : Discovery Platform
Sponsor : Newpath Partners
Deal Size : $50.0 million
Deal Type : Series A Financing
Details : The financing will support Magnet's approach to the discovery and development of TrueGlues™, compounds inducing cooperative protein-protein interactions and will advance its portfolio spanning several indications, including oncology, cardiovascular, an...
Product Name : Undisclosed
Product Type : Undisclosed
Upfront Cash : Undisclosed
September 19, 2023
Lead Product(s) : Undisclosed
Therapeutic Area : Cardiology/Vascular Diseases
Highest Development Status : Discovery Platform
Sponsor : Newpath Partners
Deal Size : $50.0 million
Deal Type : Series A Financing