AbbVie Signs a Purchase Right Agreement to Acquire Mitokinin

March 3, 2021 Auto Bot AbbVie, Acquire, Agreement, M&A, Purchase, Signs 0

Shots:

  • Mitokinin to receive an up front and will continue to develop its PINK1 activator program through completion of IND enabling studies for its lead compound. If IND-enabling studies are successful, AbbVie will have the option to acquire Mitokinin
  • The focus of the agreement is to advance Mitokinin’s PINK1 activator program to treat PD
  • Mitokinin’s novel PINK1 compounds selectively increase the activity of PINK1 and aims to address the mitochondrial dysfunction contributing to PD pathogenesis and progression

Click here ­to­ read full press release/ article | Ref: PRNewswire | Image: PRNewswire

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