- Synlogic Inc SYBX has entered into a research collaboration agreement with Roche Holding AG RHHBY for the discovery of Synthetic Biotic medicine for inflammatory bowel disease (IBD).
- Under the terms of the agreement, Synlogic and Roche will collaborate to develop a Synthetic Biotic treatment addressing an undisclosed novel target in IBD.
- After the research period, Roche will have the exclusive option to enter a licensing and collaboration agreement to develop further and commercialize the program.
- Price Action: SYBX shares are up 2.2% at $4.19 during the premarket session on the last check Thursday.
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