other material
confidence high
sentiment neutral
materiality 0.60
NeuroBo licenses NB-01 to MThera Pharma for diabetic neuropathy; terms undisclosed
MetaVia Inc.
- Exclusive license grants MThera rights to develop and commercialize NB-01 for painful diabetic neuropathy.
- MThera may conduct a Phase 3 trial in the U.S. and South Korea; NeuroBo to focus on DA-1726 and DA-1241.
- Phase 2 efficacy data cited by MThera; financial terms not disclosed.
- NeuroBo CEO says deal reflects commitment to out-license legacy assets.