Left: Milan Radovich, SVP and Chief Scientific Officer at Caris Life Sciences; Right: Boris L. Zaïtra, Head of Roche Corporate Business Development [Photos: LinkedIn/Roche]
Under the terms of the agreement, Caris is eligible to receive upfront and near-term payments of $25 million and is also eligible for up to $1.1 billion of potential research, development, commercial, and net sales payments, as well as potential tiered royalties on net sales of collaboration therapies, the company said.
Now valued at more than $7.8 billion, Caris specializes in AI-powered genetic sequencing for personalized cancer treatments. The massive capital raise follows a $310 million round in October and boosts the 13-year-old company's total funding to about $1.3 billion.
The Caris Life Sciences Corporate Park in Irving will increase R&D capabilities with a state-of-the-art precision medicine laboratory, create more than 500 jobs in the region, and help Caris continue to "reinvent cancer care."
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Irving-based Sow Good (Nasdaq: SOWG), a leading freeze-dried food and candy manufacturer, has completed a series of moves designed to “strengthen its liquidity position, transition the business to a more asset-light operating model, and provide flexibility as the company continues operating its candy business while evaluating growth opportunities and broader strategic alternatives.”...
“Retail follows rooftops, and today’s grocers are expanding.”
Bob Young
Executive Managing Director
Weitzman
…on why Dallas-Fort Worth leads the nation in new retail construction, speaking at Weitzman’s 36th annual retail forecast at the George W....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Irving-based Sow Good (Nasdaq: SOWG), a leading freeze-dried food and candy manufacturer, has completed a series of moves designed to “strengthen its liquidity position, transition the business to a more asset-light operating model, and provide flexibility as the company continues operating its candy business while evaluating growth opportunities and broader strategic alternatives.”...
“Retail follows rooftops, and today’s grocers are expanding.”
Bob Young
Executive Managing Director
Weitzman
…on why Dallas-Fort Worth leads the nation in new retail construction, speaking at Weitzman’s 36th annual retail forecast at the George W....