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AlzeCure Pharma has entered into an out-licensing & collaboration agreement with QuantumCell for global rights to AlzeCure’s Alzheimer’s platform NeuroRestore, incl. ACD856
AlzeCure will receive $12M upfront, incl. a $5M investment, & is eligible for development & commercial milestones exceeding $2.2B (excl. royalties), plus tiered single to low double-digit royalties
NeuroRestore ACD856 is a small-molecule Trk-PAM that enhances NGF/TrkA and BDNF/TrkB signaling to improve cognition & has demonstrated neuroprotective, anti-inflammatory, and disease-modifying effects in preclinical studies
Ref: AlzeCure  |  Image: AlzeCure & QuantumCell | Press Release
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The post AlzeCure Partners with QuantumCell for NeuroRestore ACD856 in a Deal Worth up to $2.2B appeared first on PharmaShots.
AlzeCure Partners with QuantumCell for NeuroRestore ACD856 in a Deal Worth up to $2.2B | PharmaVoice