AlzeCure receives upfront payment of USD 12 million and completes initial transaction with QuantumCell
AlzeCure Pharma has now received the full upfront payment of USD 12 million from the Danish biotech company QuantumCell.
The payment is made pursuant to the licensing and collaboration agreement for the NeuroRestore Alzheimer’s platform, including the lead drug candidate ACD856, entered on July 1, 2026. With the payment, all conditions for completion of the transaction have been fulfilled, and the initial transaction has been completed.
The total upfront payment of USD 12 million comprises a USD 7 million cash licence payment and a USD 5 million direct investment in AlzeCure. In addition to the upfront payment, the agreement with QuantumCell includes development and commercial milestone payments, as well as tiered royalties ranging from high single-digit to low double-digit percentages on future sales. The total value of the agreement, excluding royalty payments, exceeds USD 2.2 billion. QuantumCell will thereby assume the global rights to NeuroRestore and be responsible for the continued clinical development and commercialisation of the platform.
”The receipt of the upfront payment and completion of the transaction with QuantumCell is a clear testament to the strength of our research and the value represented by NeuroRestore. The platform, including its lead drug candidate ACD856, now has a strong, long-term partner capable of advancing the project for the benefit of multiple patient populations,” said AlzeCure Pharma’s CEO Martin Jönsson. “We look forward to the collaboration with QuantumCell regarding the continued development of ACD856 and the NeuroRestore platform. The payment that we have received significantly strengthens our financial position and also gives us greater flexibility to advance our other projects.”
Published: August 14, 2026








