Revamped CPRIT "would be hesitant to give Peloton funding while the criminal investigation is ongoing"

Revamped Texas cancer agency ready for new start

"Roberts said the Dallas-based company that improperly received $11 million may also still be worthy of that money. Peloton Therapeutics was allowed to keep roughly $3 million of the grant already awarded before funding was halted. CPRIT halted further funding after revealing Peloton's proposal was never peer-reviewed or scrutinized before approval.

Public corruption prosecutors in Austin opened a criminal investigation into CPRIT following that revelation.

Roberts said the agency would be hesitant to give Peloton funding while the criminal investigation is ongoing. But if that cloud is lifted and the proposal clears the agency's new peer-review safeguards, Roberts said he would not have a problem awarding Peloton a grant."