Roche, Scancell and other musings30 Sep 2018 11:54
The below links on the general activity of Roche are interesting, but they get into a much more interesting focus when you realise how Roche are so very close to Scancell with the Grand Challenge/Moditope activity. Remind yourselves of the words in the Hardman Report in relation to the interweaving of BioNtech, Scancell and Roche -Under the heading "BioNTech" - 'Scancell has attracted a sound partner in personalised medicine which represents a strong validation for its technology. Founded in 2008, BioNTech has become Europe’s biggest privately-held biopharmaceutical company. It has a strong focus on the development of targeted and personalised mRNA vaccines and immunotherapies, ranging from innovative CAR-T and TCR-based products to novel antibody checkpoint immunomodulators and small molecules.
Since inception, BioNTech has attracted strong partners, notably Roche/Genentech, Eli Lilly, Sanofi, and Genmab, with deals worth nearly $1bn, the most recent being a $310m deal with Roche to test BioNTech’s m-RNA vaccine in combination with Roche’s recently launched CPI, Tecentriq (2017 sales $495m).'
Then cast an eye over the links below:
https://seekingalpha.com/article/4208039-cancer-highlight-roche-seeks-change-game-liquid-biopsy-platform?dr=1
https://seekingalpha.com/article/4208456-roche-holding-ltd-rhhby-management-virtual-pipeline-event-2018-world-conference-lung-cancer?part=single
https://seekingalpha.com/news/3393720-roche-acquires-tusk-therapeutics-655m?dr=1#email_link
Tusk attracted a price of 70 million euros upfront and up to 585 million euros in milestones, but look how early their products are in their pipeline - https://www.tusktherapeutics.com/#products-pipeline
Slippage in timescales? Yeah, sure. Things taking a long time? Yup. Investor frustration? Understandable - but only PIs it seems. Lack of communication? I think they could do better in that area. But sell up and give up? Definitely not (IMO, of course) - but there's certainly a lot going on, and IMO positively and uniquely too.