Eli Lilly Entered into a Research Collaboration and License Agreement with Nimbus Therapeutics for Small Molecule Activators of AMPK
Shots:
- Nimbus to receive ~$496M in research funding & milestones through research, development & commercialization along with royalties
- The collaboration will use Nimbus’s computational drug discovery engine & expertise in structure-based drug design to develop isoform-selective small molecule activators of AMPK against therapeutic targets for metabolic disorders
- Nimbus will lead the research activities while Lilly will be responsible for development & commercialization activities globally. The pipeline of Nimbus includes a variety of selective small-molecule drugs that target proteins recognized to be essential contributors to pathology in human disorders. These proteins have proven challenging for drug developers to target
Ref: Businesswire | Image: Eli Lilly
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