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Novartis pays Antares $105M to illuminate undruggable cancer targets

on June 24, 2026

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Novartis pays Antares $105M upfront to target historically undruggable oncology proteins.

Add-on option/milestone payments could total up to about $1.9B, plus royalties.

Antares will lead research using its covalent discovery engine and proprietary libraries.

Sources:

Novartis pays Antares $105M to illuminate undruggable cancer targets

Antares Therapeutics, Inc. and Novartis Enter Agreement to Discover, Develop and Commercialize First-In-Class Cancer Therapies

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Antares Therapeutics Enters Agreement with Novartis to Discover, Develop and Commercialize First-in-Class Cancer Therapies

Scorpion team lands $1.9B Novartis deal with new biotech

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