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Treventis Entered into an Option, Collaboration and License Agreement with Takeda to Develop and Commercialize Small Molecules for Alzheimer's Disease

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Treventis Entered into an Option, Collaboration and License Agreement with Takeda to Develop and Commercialize Small Molecules for Alzheimer's Disease

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  • Treventis to receive up front, research funding, option exercise, clinical and commercial milestones of ~$372.5M upon achievement along with royalties on net sales of any commercial product
  • Takeda also gets an option to exclusively license the program globally for the development and commercialization of the tau program. The molecules were developed by the team at Treventis, building upon the Alzheimer’s & neurodegenerative research expertise
  • Researchers at Treventis developed a proprietary platform technology called Common Conformational Morphology (CCM) which uses computer-aided modeling to design molecules that can prevent the pathogenic misfolding of no. of different proteins at the earliest stages

Ref: PR Newswire | Image: Takeda

Click here to­ read the full press release 

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Neha is a Senior Editor at PharmaShots. She is passionate and very enthusiastic about recent updates and developments in the life sciences and pharma industry. She covers Biopharma, MedTech, and Digital health segments along with different reports at PharmaShots. She can be contacted at connect@pharmashots.com.

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