
SciNeuro and Novartis sign global licensing deal for Alzheimer’s antibody

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SciNeuro Pharmaceuticals has entered a global licensing agreement with Novartis to develop an amyloid beta antibody for Alzheimer's disease. The collaboration will focus on early-stage development, with Novartis taking over later stages and commercialization. SciNeuro will receive $165 million upfront, potential research funding, and up to $1.5 billion in milestone payments. The deal is expected to close in the first half of 2026, pending regulatory approvals. Both companies aim to leverage their expertise to address the urgent need for new Alzheimer's therapies.
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