SciNeuro Forges ~$1.7B Deal with Novartis to Advance Therapeutics for Alzheimer’s Disease
Shots:
- SciNeuro has entered into a global licensing & collaboration deal with Novartis to advance its amyloid beta-targeted antibody program for Alzheimer’s disease
- The program has identified de novo antibody candidates using SciNeuro’s blood–brain barrier shuttle tech, with Novartis leading global development & commercialization after collaboration on early development
- As per the deal, SciNeuro will receive $165M upfront, research funding & ~$1.5B in development, regulatory, & commercial milestones, with tiered royalties; closing expected in H1’26
Ref: PRnewswire | Image: SciNeuro & Novartis | Press Release
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