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Jupiter Neurosciences Expands CNS Pipeline with ALA-002 License

Ipo Edge +1 ·

JUNS
JUNS Jupiter Neurosciences Inc
$2.42 -5.10%
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  1. 1Jupiter Neurosciences (JUNS) has signed an exclusive U.S. license agreement with PharmaAla Biotech for ALA-002.
  2. 2The ALA-002 deal, an MDDA-patented formulation, is worth up to $100 million including milestones and positions the company as a dual clinical-stage CNS company.
  3. 3With this addition, ALA-002 joins the company's existing Phase 2 Parkinson's disease program, as discussed by the company's CEO and president in a video interview with IPO Edge.

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