AbbVie Signs a Purchase Right Agreement to Acquire Mitokinin
Shots:
- Mitokinin to receive an up front and will continue to develop its PINK1 activator program through completion of IND enabling studies for its lead compound. If IND-enabling studies are successful- AbbVie will have the option to acquire Mitokinin
- The focus of the agreement is to advance Mitokinin's PINK1 activator program to treat PD
- Mitokinin's novel PINK1 compounds selectively increase the activity of PINK1 and aims to address the mitochondrial dysfunction contributing to PD pathogenesis and progression
Ref: PRNewswire | Image: PRNewswire
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