Clinical EfficacyRelay Therapeutics demonstrated an improvement in efficacy with an increase in overall response rate from 33% to 39% and clinical benefit rate from 57% to 67%.
Financial StrengthRelay ended 3Q24 with $839.6M in cash, which should span several key data catalysts since these resources should be sufficient to provide an operational runway into 2H27.
Strategic PartnershipsRelay Therapeutics announced an exclusive global licensing agreement with Elevar Therapeutics for its FGFR2 inhibitor, lirafugratinib, which includes global development and commercialization rights.