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Caris rises on $1.1 billion deal with Genentech

ReutersDec 16, 2025 5:58 PM

Shares of AI-driven oncology firm Caris Life Sciences CAI.O up 2.23% at $27.30

Co has signed a multi-year collaboration with Genentech, to discover new drug targets for hard-to-treat cancers

Deal includes $25 mln upfront and near-term payments, with milestones of up to $1.1 bln linked to R&D and sales, Caris says

Including session's moves, shares up ~2.40% YTD

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