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  • American City Business Journals10 months ago

    Cellular Dynamics in Roche deal worth up to $83 million

    Cellular Dynamics International Inc. said Tuesday that it will supply its induced pluripotent stem cell-derived iCell products to Swiss pharmaceutical company Roche under a partnership that could provide up to $83 million in revenue for the Madison biotech firm. The supply and licensing agreement will give Roche exclusive access to specific iCell products to help identify novel drug candidates in the early stages of drug discovery. "Our partnerships with established leaders in the pharmaceutical industry, now including Roche, demonstrate that CDI products are increasingly becoming important tools for efficient drug discovery.

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