MSD Signs a License Agreement with King's College London & Wellcome's Innovations to Develop Chronic Neuropathic Pain Therapies
Shots:
- King’s and Wellcome to receive $340M as development and commercial milestone and royalties on sales. MSD to get a license for conducting lead optimization- preclinical & clinical research
- The focus of an agreement is to develop therapies for chronic pain and to meet unmet medical needs of patients
- Professor McNaughton at King’s identifies target protein- HCN2 which is used by MSD to develop therapies that relieve pain without side effects by blocking HCN2 protein
Ref: King’s College London| Image: MSD
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