Poseida Therapeutics Enters Strategic Collaboration and License Agreement With Roche

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.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. 

Cooley has 1,500 lawyers across 17 offices in the United States, Asia and Europe, and a total workforce of 3,300.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.