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SciNeuro inks licenscing deal with Eli Lilly for targeted antibody therapies

April 14, 2021 By Sean Whooley

SciNeuroSciNeuro Pharmaceuticals announced today that it entered into an exclusive licensing agreement with Eli Lilly for antibody therapies.

Under the agreement, Shanghai-based SciNeuro obtained an exclusive license to develop and commercialize alpha-synuclein targeted antibodies developed by Lilly within Greater China, which includes mainland China, Hong Kong, Macau and Taiwan, according to a news release.

The targeted antibody treatments are designed to treat neurodegenerative disease, including Parkinson’s disease.

Lilly VP of neurodegeneration research Michael Hutton said in the release that approximately 3 million are affected by Parkinson’s in Greater China, highlighting a “pressing need” for new therapeutic options like Lilly’s targeted antibody treatments.

“We are excited to establish this important collaboration with Lilly, an industry leader in neurological diseases. Alpha-synuclein is a promising target for neurodegenerative disease with robust evidence of human genetics and disease pathology, and it aligns well with SciNeuro’s strategic focus,” SciNeuro founder, president & CEO Min Li said in the release. “Current therapies for Parkinson’s disease provide symptomatic relief, while alpha-synuclein targeted therapies, particularly given the differentiated features of the Lilly program, have the potential to slow or halt disease progression. They hold significant promise as a new treatment paradigm to improve the quality of life and management of Parkinson’s disease patients.”

Filed Under: Business/Financial News, Contract Services, Drug-Device Combinations, Featured, Neurological Tagged With: Eli Lilly & Co., SciNeuro

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About Sean Whooley

Sean Whooley is an associate editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at swhooley@wtwhmedia.com.

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