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Kymera Therapeutics partners with Gilead Sciences to develop molecular glue degraders for cancer treatment.

Jun 25, 2025•12 months ago

Contract Type

partnership

WatertownBiotechnologyTherapeuticsPharmaceuticalBiopharma

Description

Kymera Therapeutics has formed a partnership with Gilead Sciences to develop oral molecular glue degraders, potentially earning Kymera up to $85 million in upfront fees. Concurrently, Kymera's existing partner Sanofi will advance a different candidate, KT-485, into clinical testing by year's end, improving potential future collaborations.

Company Information

Company

Kymera Therapeutics

Location

Watertown, Massachusetts, United States

About

Kymera Therapeutics (Nasdaq: KYMR) is a clinical-stage biotechnology company pioneering the field of targeted protein degradation (TPD) to develop medicines that address critical health problems and have the potential to dramatically improve patients’ lives. Kymera is deploying TPD to address disease targets and pathways inaccessible with conventional therapeutics. Having advanced the first degrader into the clinic for immunological diseases, Kymera is focused on building an industry-leading pipeline of oral small molecule degraders to provide a new generation of convenient, highly effective therapies for patients with these conditions. Founded in 2016, Kymera has been recognized as one of Boston’s top workplaces for the past several years.

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