Lundbeck obtains rights to breakthrough research in Alzheimer's disease

6 June 2017

Danish CNS specialist Lundbeck (LUND: CO) has entered into an agreement with Israel-based biotech company ImmunoBrain Checkpoint (IBC) for the rights to the latter's groundbreaking research in the treatment of Alzheimer's disease.

The research focuses on modifying antibodies currently used in cancer treatment for use in treating the debilitating brain disease from which 48 million patients are estimated to suffer, a number expected to rapidly increase in the future.

"IBC has a unique and innovative approach to this highly complex disease and the data generated until now are highly promising. We are delighted to take part in this exciting work as part of our strategy of in-licensing research projects to supplement our own research activities," says Jacob Tolstrup, executive vice president for corporate functions, including business development, at Lundbeck.

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