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Genentech stories

Sep 25, 2026

Genentech inks $1.5 billion bispecific antibody deal with Earendil Labs

Roche's Genentech is paying Earendil Labs $55 million upfront in a research collaboration to discover and develop multiple bispecific antibody cancer therapies. The oncology-focused deal includes milestone payments that could bring its total value to over $1.5 billion.

Sep 25, 2026·4 sources
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Apr 7, 2026

FDA Supports Proposals to Incentivize Domestic Drug Manufacturing

The FDA has backed proposals in the Trump administration's budget aimed at encouraging pharmaceutical companies to test and manufacture drugs domestically, including potential tariffs and incentives.

Apr 7, 2026·2 sources
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Top claims

  • ▪Heavily backloaded milestone deals unfairly shift drug development risks onto biotech startups
  • ▪Genentech is paying Earendil Labs $55 million upfront, with total potential payments exceeding $1.5 billion including development, regulatory, and sales milestones.
  • ▪Earendil Labs is developing several T-cell engagers, including candidates targeting GUCY2C and DLL3, as well as a CEACAM5xCDH17 bispecific.

Topics

Drug Approval and Clinical TrialsPharmaChina trade strategyGlobal supply chainsU.S.–China relationsNearshoring & reshoring

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