Sosei Heptares and Neurocrine in deal worth up to $2.7 billion

22 November 2021

Neurocrine Biosciences (Nasdaq: NBIX) and Japanese firm Sosei Heptares (TYO: 4565) have agreed a strategic collaboration and licensing deal to develop muscarinic receptor agonists which the US company will study in schizophrenia, dementia and other neuropsychiatric disorders.

Under the terms of the agreement, Neurocrine gains development and commercialization rights to a broad portfolio of novel clinical and preclinical subtype-selective muscarinic M4, M1 and dual M1/M4 receptor agonists discovered by Sosei Heptares in development for the treatment of major neurological disorders.

Most advanced program set to enter schizophrenia trial

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