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448 million dollars!

 Last Update: 2021-11-16
 Source: Internet
 Author: User

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Recently, Lundbeck announced that it has reached a final agreement with AprilBio of South Korea

According to the terms of the license agreement, Lundbeck will pay AprilBio a one-time payment of US$16 million in cash

The press release shows that too many people around the world suffer from brain diseases-complex diseases are often invisible to others, but they have brought huge losses to individuals, families and society

APB-A1 is a neutralizing anti-CD40L antibody-like drug candidate with an innovative molecular design that blocks the CD40L/CD40 costimulatory interaction

APB-A1 is a human high-affinity anti-CD40L antibody-like fusion protein designed to inhibit the CD40L/CD40 pathway by neutralizing and activating CD40L on T cells, thereby significantly weakening the initiated immune response

(The original text has been deleted)

Reference materials:

[1] Lundbeck receives exclusive rights to APB-A1, an innovative phase I-ready bio-therapeutic for the treatment of neuroimmune diseases from AprilBio.

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