Genentech buys option to acquire novel CNS technology
A new R&D deal will see nerve specialist Convelo Therapeutics collaborate with Roche (ROG: SIX) subsidiary Genentech.
Convelo is working on neurological disorders such as multiple sclerosis (MS), using a proprietary screening platform.
The firm is an expert in remyelination, a naturally regulated process whereby axons are coated in a special sheath, which is lost in certain central nervous system (CNS) disorders.
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