v3.26.1
Collaboration and license agreements - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Sep. 30, 2025
USD ($)
Mar. 01, 2024
USD ($)
performanceObligation
target
Jan. 04, 2024
USD ($)
Dec. 11, 2023
USD ($)
May 29, 2023
USD ($)
$ / shares
shares
Feb. 28, 2026
USD ($)
Sep. 30, 2025
USD ($)
Apr. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2023
USD ($)
target
Nov. 30, 2020
USD ($)
target
Feb. 29, 2020
USD ($)
protein
Dec. 31, 2018
USD ($)
target
performanceObligation
Jun. 30, 2026
USD ($)
target
performanceObligation
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
target
performanceObligation
Jun. 30, 2025
USD ($)
Apr. 08, 2026
USD ($)
Dec. 31, 2025
USD ($)
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Number of performance obligations | performanceObligation                         12            
Transaction price allocated to performance obligation                           $ 23,732   $ 23,732      
Contract with customer, liability                           40,375   40,375     $ 28,334
Proceeds from issuance of common stock from at-the-market equity offering                               33,548 $ 0    
Revenue recognized that was included in the contract liability at the beginning of the period                           2,820 $ 6,512 6,560 $ 11,821    
Discovery, Regulatory, and Commercial Milestones                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive   $ 740,000                                  
Minimum                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Written notice period for termination of agreement         90 days                            
Roche Degrader-Antibody Conjugate Collaboration and License Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Upfront payment                           20,000          
Roche Degrader-Antibody Conjugate Collaboration and License Agreement | Discovery, Regulatory, and Commercial Milestones                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive                                   $ 1,000,000  
Roche Degrader-Antibody Conjugate Collaboration and License Agreement | Minimum                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Written notice period for termination of agreement   90 days                                  
Roche DAC Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Upfront payment                           20,000          
Contract with customer, liability                           $ 17,334   $ 17,334      
MKDG Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Upfront payment   $ 16,000                                  
Number of potential research and development targets | target   2                                  
Regulatory milestone achieved               $ 1,000                      
Addition to the transaction price               $ 1,000                      
Number of performance obligations | performanceObligation   2                       1   1      
Transaction price allocated to performance obligation                           $ 17,000   $ 17,000      
Contract with customer, liability                           2,153   2,153     3,913
MKDG Agreement | Minimum                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Written notice period for termination of agreement   60 days                                  
Betta Agreements                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Upfront payment $ 10,000       $ 10,000                            
Regulatory milestone achieved                   $ 2,000                  
Contract with customer, liability                           14,703   14,703     $ 14,725
Number of shares issued in transaction (in shares) | shares         5,567,928                            
Consideration received on transaction         $ 25,000                            
Price per share (in dollars per share) | $ / shares         $ 4.49                            
Stock repurchase program, premium percentage         25.00%                            
Duration of trading day volume weighted average closing price         60 days                            
Trading days prior to the effective date of the Stock Purchase Agreement         2 days                            
Proceeds from issuance of common stock from at-the-market equity offering     $ 20,000                                
Premium from issuance of common stock     $ 5,000                                
Estimated transaction price                           125,000   125,000      
Transaction price from closing of the stock purchase agreement $ 5,000                                    
Expected consideration to be received from manufactured clinical supply                           108,000   108,000      
Betta Agreements | Research and development milestones                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive         $ 357,000                            
Betta Agreements | Drug Application Approval                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive         $ 40,000                            
Restated Roche Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Regulatory milestone achieved                 $ 2,000                    
Addition to the transaction price                 $ 4,000                    
Additional upfront consideration received                         $ 40,000            
Number of potential targets | target                     5   6            
Number of targets | target                   2 2                
Annual research plan payments receivables                     $ 1,000                
Option exercise fees                     $ 8,000                
Restated Roche Agreement | Minimum                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Written notice period for termination of agreement                     90 days                
Restated Roche Agreement | Maximum | Research, development and commercial milestone payments                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive                     $ 273,000                
Restated Roche Agreement | Maximum | One-time sales-based payments                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive                     150,000                
Restated Roche Agreement | Lead series identification achievement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Upfront fees                     $ 2,000                
Biogen Research and License Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Regulatory milestone achieved           $ 2,000 $ 2,000                        
Research agreement, period                       54 months              
Nonrefundable upfront payment                       $ 45,000              
Biogen Research and License Agreement | Maximum                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Number of targeted protein degradation | protein                       5              
Biogen Research and License Agreement | Maximum | Research and development milestones                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive                       $ 35,000              
Biogen Research and License Agreement | Maximum | One-time sales-based payments                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Amount eligible to receive                       $ 26,000              
Merck Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Upfront payment       $ 10,000                              
Restated Roche Agreement And Biogen License Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Transaction price allocated to performance obligation                           $ 146,600   $ 146,600      
Merck, KGaA Agreement                                      
Collaborative Arrangements And Noncollaborative Arrangement Transactions [Line Items]                                      
Number of remaining research and development targets | target                           1   1