AlzeCure receives $10 million upfront payment from Lilly

M&A · Partnership
โดย AlzeCure Pharma·SEUS·Read original
Summary · why it matters

AlzeCure Pharma has received the full USD 10 million upfront payment from Eli Lilly, completing the initial transaction under their collaboration and licensing agreement for the Alzheimer's project Alzstatin. The payment, made pursuant to the agreement signed on June 9, 2026, does not dilute AlzeCure's shareholders. Beyond the upfront payment, the deal includes development and commercial milestone payments plus mid-single-digit royalties on future sales, with a total value excluding royalties that may exceed USD 1 billion. Lilly now holds global rights to Alzstatin and will lead further clinical development and commercialization of the drug candidate ACD680. The transaction closed after customary conditions, including Swedish foreign direct investment screening approval.

Impact on stocks 1

Biotech & Genomic Medicine · 1 stocks
Eli Lilly and Company
LLY
▲ PositiveCapitalrelevance

Lilly gains global rights to Alzheimer's drug candidate ACD680, expanding its pipeline.

Theme Impact 1

Off-coverage companies 1

AlzeCure Pharma ABPrivate▲ Positive
Capitalrelevance

AlzeCure receives $10M upfront payment and potential milestones/royalties, non-dilutive.

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