Astellas Signs a License Agreement with Minovia for Novel Mitochondrial Cell Therapy Programs
Shots:
- Minovia receives a $20M up front and is eligible to receive ~$420M per product in development- regulatory & commercial milestone for mitochondrial cell therapies caused by mitochondrial dysfunction
- The collaboration is to accelerate the allogeneic mitochondrial cell therapy programs & extend Astellas’ capabilities in mitochondrial biology. The collaboration follows the recent acquisition of Mitobridge and Nanna
- The goal is to treat mitochondrial dysfunction through the transfer of healthy mitochondria to restore the tissues. Currently- Minovia is conducting research- development- and clinical studies with MAT in mitochondrial diseases
Ref: Astellas | Image: Astellas
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