Roche pays Alector $100M upfront for Parkinson's drug deal
· Health · Switzerland · United States
Roche will pay Alector $100 million upfront in a deal centered on the biotech's neuroscience and Parkinson's disease work. The partnership comes just after the collapse of a separate Alector collaboration, and it is the second large-pharma tie-up announced in the same period. BioPharma Dive grouped the deal with CSL's licensing agreement and the FDA's endorsement of broader use of a Lilly medicine as signs of renewed dealmaking in brain and immune diseases.
Why it matters:Big pharma's renewed appetite for neuroscience deals could revive funding for Parkinson's programs after years of setbacks.
Key points
- Roche will pay Alector $100 million upfront.
- The deal focuses on neuroscience and Parkinson's disease.
- It follows the collapse of a separate Alector partnership.
Sources (original reporting)
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