other material
confidence high
sentiment positive
materiality 0.75
vTv expands HPP737 license to worldwide; Newsoara pays $20M upfront, up to $115M milestones plus royalties
vTv Therapeutics Inc.
- Second Amendment grants Newsoara global rights to PDE4 inhibitor HPP737 upon $20M upfront payment.
- Up to $50M in development milestones and $65M in sales-based milestones; royalties mid-single digits.
- Prior amendment became null and void in June 2025; this replaces it.
- Agreement with Newsoara Biopharma Co., Ltd., a Chinese partner.