IMMvention Therapeutix Partners with Novo Nordisk to Co-develop Oral BACH1 inhibitors for Chronic Conditions
Shots:
- IMMvention & Novo Nordisk have entered into a strategic collaboration & license agreement to jointly develop oral BACH1 inhibitors for SCD & other chronic conditions
- As per the terms, Novo Nordisk will get an exclusive worldwide license of the systemic BACH1 program, while IMMvention retains rights to develop brain-penetrant BACH1 inhibitors, targeting diseases like Parkinson's & Alzheimer's
- The companies will jointly advance BACH1 inhibitors from the program to the development candidate nomination, with Novo Nordisk handling further development, regulatory submissions, & marketing globally after or before its nomination
Ref: Globenewswire | Image: IMMvention & Novo Nordisk
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