Pfizer and Ginkgo Bioworks Join Forces for $331M RNA Drug Development Deal

1 min read
Source: Endpoints News
Pfizer and Ginkgo Bioworks Join Forces for $331M RNA Drug Development Deal
Photo: Endpoints News
TL;DR

Pfizer and Ginkgo Bioworks have entered into an R&D deal to develop RNA drugs, focusing on three therapeutic programs. The deal includes potential milestone payments of up to $331 million, with an undisclosed upfront amount. This collaboration reflects the growing importance of therapeutics in Ginkgo's business.

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