other_material
confidence high
sentiment positive
materiality 0.70
Prothena partner Novo Nordisk to advance coramitug to Phase 3 for ATTR-CM
PROTHENA CORP PUBLIC LTD CO
- Novo Nordisk plans Phase 3 program for coramitug in ATTR-CM, start expected in 2025.
- Prothena eligible for up to $1.2B in milestones, $100M received to date.
- Clinical milestone payment triggered when prespecified enrollment criteria met in Phase 3.
- Coramitug is a potential first-in-class amyloid depleter antibody.
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