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Neuro3 therapeutics acquires exclusive worldwide rights from Lundbeck

Tarek Samad

The agreement focuses on activators of KCNQ2, an ion channel that has been clinically validated as a target for the treatment of epilepsy.

Clinical findings suggest that activation of KCNQ2 channels may provide treatment options for other types of neurological disorders including rare forms of epilepsy.

Read more: Lundbeck and Alloy Therapeutics collaborate

Under the agreement, Neuro3 will receive a worldwide license for intellectual property covering two clinical stage and one pre-clinical stage KCNQ2 activator programs and will be responsible for their further development through clinical proof-of-concept (PoC). Following the completion of the PoC studies, Lundbeck has the option to co-develop and co-commercialize with Neuro3. In addition, Lundbeck has an option to exclusively license back the rights in certain territories.

“We are pleased to enter into this agreement with Neuro3 that allows us to assess the clinical potential of these KCNQ2 activators by leveraging Neuro3 discovery and early development expertise in the CNS diseases,” says Tarek Samad, PhD, SVP, and Global Head of Research at Lundbeck.

 Photo of Tarek Samad: Lundbeck