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CDMO-partnered Phase 3 readiness can lower execution risk and funding needs, often prompting upside as milestones approach; akin to prior biotech partnerships where manufacturing-scale agreements supported valuation as regulatory milestones neared.
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Arcturus announced a strategic collaboration with Thermo Fisher to support ARCT-032's Phase 3 development and potential commercialization. Thermo Fisher will provide Phase 3 manufacturing, clinical research, and related services, with exclusive commercial manufacturing rights under a future agreement if approved. The deal de-risks scaling and could accelerate the CF program's path to market if Phase 2 proves positive.
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