Merck Collaborates with Amathus Therapeutics to Develop Treatments for Neurodegenerative Diseases
Shots:
- Amathus to receive upfront and will be eligible for ~$500M milestones/program- if Merck exercise its option and will be responsible for identifying & progressing novel chaperone activators through preclinical discovery
- Merck to get an option to acquire Amathus Therapeutics along with its pipeline of mitochondrial targeted candidate to treat neurodegenerative disorders and renal diseases
- Following the exercise of the option- Merck will lead the clinical development and commercialization of therapies for neurodegenerative diseases
Ref: Businesswire | Image: Merck
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