<code id='7B27001405'></code><style id='7B27001405'></style>
    • <acronym id='7B27001405'></acronym>
      <center id='7B27001405'><center id='7B27001405'><tfoot id='7B27001405'></tfoot></center><abbr id='7B27001405'><dir id='7B27001405'><tfoot id='7B27001405'></tfoot><noframes id='7B27001405'>

    • <optgroup id='7B27001405'><strike id='7B27001405'><sup id='7B27001405'></sup></strike><code id='7B27001405'></code></optgroup>
        1. <b id='7B27001405'><label id='7B27001405'><select id='7B27001405'><dt id='7B27001405'><span id='7B27001405'></span></dt></select></label></b><u id='7B27001405'></u>
          <i id='7B27001405'><strike id='7B27001405'><tt id='7B27001405'><pre id='7B27001405'></pre></tt></strike></i>

          
          WSS
          Alexis Borisy
          Venture capitalist Alexis Borisy Vanessa Leroy for STAT

          EQRx is done, sold for its cash.

          The once-buzzy but now dormant biotech company is being acquired by Revolution Medicines, a developer of cancer drugs, the companies announced Tuesday.

          advertisement

          The all-stock deal is essentially a balance-sheet transfer of $1 billion in cash from EQRx to Revolution. What was left of EQRx’s drug pipeline is being shelved.

          Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

          GET STARTED Log In

          Leave your comment

          Please enter your name
          Please enter your comment

          fashion