MC2 Therapeutics gets option riqhts to Regranion candidate
Privately-held Danish company MC2 Therapeutics has acquired option rights from US dermatology firm Regranion to exclusively license the latter’s RGRN-305 for the treatment of all human diseases, including oral treatment of hidradenitis suppurative (HS) globally, excluding the greater China region.
RGRN-305 is an orally administered new chemical entity in preparation for clinical Phase IIb. Under the agreement,
The deal terms provide for Regranion to receive an undisclosed upfront option payment with additional development and sales milestones as well as royalties, once MC2 Therapeutics exercises its option.
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