NeuroVive Buys Stake In Isomerase Therapeutics

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

NeuroVive Pharmaceutical AB (publ)(STO:NVP), the mitochondrial medicine company, announces the partial acquisition of British company Isomerase Therapeutics (“Isomerase”) with the overall goal to strengthen the partnership and accelerate NeuroVive’s research and development (R&D) program.

The acquisition aims to further enhance the collaboration and to ensure that NeuroVive’s projects remain a key priority for Isomerase. Furthermore, the partnership will support the discovery of new compounds, based on the additional expertise Isomerase brings to the partnership. This is a key step forward for NeuroVive, who are committed to advancing the R&D portfolio as quickly as possible. Most recently, the joint teams at NeuroVive and Isomerase have been able to advance the drug candidate process for the Complex I program (NVP015) and the project is progressing well.

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