Halozyme and Acumen Pharmaceuticals enter collaboration for Alzheimer’s treatment
Betsy Goodfellow | November 7, 2023 | News story | Business Services | Acumen Pharmaceuticals, Alzheimer's disease, Halozyme, Neurology, collaboration
Halozyme Therapeutics has announced a global collaboration and non-exclusive license with Acumen Pharmaceuticals, providing Acumen with access to Halozyme’s Enhanze drug delivery technology. Acumen intends to use this technology for the treatment of early Alzheimer’s disease (AD).
Under terms of this agreement, Acumen will make an upfront payment to Halozyme along with potential future milestone payments related to development progress, regulatory approvals and sales attainment. Halozyme will also be entitled to gain single digit royalties depending on net sales of commercialised medicines using the Enhanze technology.
Acumen has already reported positive results from a phase 1 trial which demonstrate that ACU193 was generally well tolerated with a compelling overall safety profile, meaning the drug met the primary objective of its first-in-human, randomised, double-blind, placebo-controlled study in both single and multiple doses in patients with early AD.
Dr Helen Torley, president and chief executive officer of Halozyme, commented: “Our collaboration with Acumen for Enhanze reinforces our commitment to provide innovative solutions to improve the patient treatment experience, particularly for such a challenging disease in a large patient population. We share Acumen’s view that the AD treatment paradigm is at a key inflection point with recent and expected approvals paving a new path for treatment. We appreciate the opportunity to enter this market and look forward to supporting the development of ACU193 to emerge as a potential treatment of choice.”
Betsy Goodfellow
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