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Poseida Therapeutics Enters Strategic Collaboration and License Agreement With Roche

Poseida to receive $110 million upfront, with overall potential deal value of up to $6 billion

San Diego – August 5, 2022 – Cooley advised Poseida Therapeutics, a clinical-stage biopharmaceutical company, on its strategic collaboration and license agreement with Roche. Lawyers Ken Krisko, Marya Postner, Bin Wang, Hajra Nashin and Brendan Haberle led the Cooley team advising Poseida. 

The agreement will leverage Poseida’s novel approach to cell therapy and Roche’s expertise in developing and commercializing therapies to transform cancer care, and is focused on advancing multiple existing and additional next-generation allogeneic chimeric antigen receptor (CAR)-T programs directed toward hematologic malignancies.

Under the agreement, Poseida will receive $110 million upfront on the effective date – and may receive up to $110 million in near-term milestones and other payments.

Additionally, Poseida is eligible to receive research, development, launch, and net sales milestones and other payments totaling up to $6 billion in aggregate value.

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Related Contacts
Kenneth Krisko  Partner Reston, Boston
Marya Postner  Partner Palo Alto
Bin Wang  Special Counsel Palo Alto
Hajra Nashin  Associate San Diego
Brendan Haberle  Associate San Diego
Edmond Lay  Associate San Diego
Tom Coll  Partner San Diego
Sharon Connaughton  Special Counsel Washington, DC
Jacqueline Grise  Partner Washington, DC
Amanda Pacheco  Associate Palo Alto
Jeffrey J. Tolin  Partner New York
Ivor Elrifi  Partner New York, Boston
Matthew Pavao  Partner Boston
Rachel Thorn  Partner New York
Natasha Leskovsek  Of Counsel Washington, DC
Liza Cotter  Associate Boston
Yasmin Roland  Associate Brussels
David Navetta  Partner Colorado
Patrick Van Eecke  Partner Brussels
Maricel Mojares-Moore  Special Counsel San Francisco