SciNeuro Pharmaceuticals signs worldwide license and option agreement with GlaxoSmithKline.
M2 EQUITYBITES-June 2, 2022-SciNeuro Pharmaceuticals signs worldwide license and option agreement with GlaxoSmithKline
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SciNeuro Pharmaceuticals, a US-based company involved in the discovery and development of innovative therapeutics for the treatment of CNS diseases, announced on Wednesday that it has signed a worldwide license and option agreement with UK-based GlaxoSmithKline (GSK).
The contract concentrates on inhibitors of Lp-PLA2, an enzyme that has been implicated in the pathogenesis of neurodegenerative diseases.
According to the contract, SciNeuro will receive a global license to intellectual property covering certain GSK Lp-PLA2 inhibitors and will be responsible for their further development via clinical proof-of-concept (PoC). Subsequent to the completion of the...
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