IRLAB Therapeutics gets rights back from mesdopetam
Sweden-based IRLAB Therapeutics (Nasdaq: Stockholm: ARLAB A) has secured full global rights ownership of mesdopetam, the company’s leading asset, which was previously out-licensed to French drugmaker Ipsen (Euronext: IPN).
Mesdopetam is being assessed as a potential treatment option for people living with Parkinson’s disease (PD) experiencing levodopa-induced dyskinesia (LID).
All pre-clinical studies and Phase I, Ib, IIa and IIb trials were completed as part of this collaboration. Full ownership, including associated intangibles and materials, will return to IRLAB in exchange for future (low single-digit) royalties on future product sales.
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