Denovo In-Licenses Lundbeck’s Idalopirdine for Alzheimer’s Disease and Other Indications
Shots:
- Denovo has licensed the global rights for idalopirdine including all rights to develop, manufacture and commercialize idalopirdine for all indications. Lundbeck gets an option to reacquire idalopirdine.
- If Lundbeck exercise the option, both the companies will share rights of the product in China and if not, Denovo will retain all global rights to the product
- Idalopirdine (DB109) is an oral antagonist of the serotonin (5-HT6) receptor and is hypothesized to be involved in AD, schizophrenia, and other indications. The therapy is currently being evaluated in multiple studies encompassing 2500+ subjects
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