Ascidian, Lilly sign RNA exon editing pact for inherited kidney diseases worth up to $1.9 billion
- Apple Tree Partners portfolio company Ascidian Therapeutics signed a global research collaboration, licensing deal with Lilly on RNA exon editors for monogenic kidney diseases.
- Lilly secured exclusive, target-specific rights for undisclosed kidney disease targets; Ascidian leads discovery, selected preclinical work.
- Lilly will run additional preclinical work, clinical development, manufacturing, commercialization.
- Ascidian is eligible for up to USD 1.9 billion in upfront, milestones, tiered royalties.
- Deal includes an option for Lilly to expand the collaboration to additional targets.
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