Neurocrine Gains Clinical-Stage Schizophrenia Candidates Returned To Sosei By AbbVie
Deal Snapshot: Neurocrine expanded its pipeline with rights to subtype-selective muscarinic M4, M1 and dual M1/M4 receptor agonists discovered by Sosei.
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The Japanese firm has expanded its partnership with AbbVie into the neurology space, where it hopes to use its unique platform technology to develop up to three drug candidates targeting ‘challenging’ G protein-coupled receptor targets.
Ingrezza became a $1bn therapy in 2022 despite the pandemic, but Neurocrine expect many more patients are diagnosed and treated if the pandemic eases as hoped.
The neuroscience-focused firm plans a 2022 supplemental NDA for Ingrezza following success in the pivotal KINECT-HD study. The biotech needed an R&D success after recent stumbles.