Singapore, Jan. 10 -- etherna immunotherapies NV ("etherna"), a technology platform leader pioneering mRNA and lipid-based nanoparticle (LNP) technologies, announces a strategic collaboration with Dropshot Therapeutics ("Dropshot"). The collaboration combines the cutting-edge platforms of both companies to accelerate the development of RNA-based therapeutics for the development of multiple new drug candidates across several indications. etherna will receive an upfront payment and research funding, and potentially milestone payments during development and tiered royalties following product launch, together estimated to be up to USD 950 million.

As a recognized leader in mRNA and LNP technology, etherna has developed a suite of proprietary...