other material
confidence high
sentiment negative
materiality 0.65
vTv Therapeutics receives termination notice for ppar-δ license from OnKure; effective Jan 2025
vTv Therapeutics Inc.
- OnKure (formerly Reneo) notified vTv LLC intent to terminate the December 2017 License Agreement for vTv's ppar-δ agonist program IP.
- OnKure has decided to discontinue development of the licensed program.
- Termination becomes effective January 20, 2025.
- Agreement had been previously amended in December 2021.
- Financial impact of the termination was not disclosed by vTv.