Merck KGaA signs deal worth 134 million for Parkinson's cure

Merck KGaA signs deal worth 134 million for Parkinson's cure

An agreement has been signed by Merck KGaA for developing the cure Parkinson's disease with Domain Therapeutics firm in France.

In particular, the company's Merck Serono sector has signed the exclusive development and licensing agreement with Domain Therapeutics. This is done for building upon the metabotropic glutamate receptor 4 (mGluR4) positive allosteric modulator drugs that aim at Parkinson's disease as well as other neurodegenerative illnesses.

The headquarters of the company is at Strasbourg. It is going to offer optimized complexes which have been built from the range of proprietary chemical series, as observed by the partners.

In terms of money, Domain Therapeutics is going to get a couple of million euros through upfront payments as well as research funding, and has qualified for up to 132 million euros in milestones for the initial couple of products, along with unrevealed royalties.

mGluR4 is a glutamate receptor that is one among the G-protein coupled receptor (GPCR) family. It apparently has the capacity to be a therapeutic aim for the Parkinson's illness.

Bernhard Kirschbaum, the chief of R&D at Merck Serono, made an observation that some great expertise has been developed by Domain within the region of GPCR, saying further that the partnership mirrored their long-term commitment towards procuring cures for neurodegenerative illnesses.


FrenchTribune Specials

Sun Halos in Florida Sky

If you noticed, sky today showed a new scene and i.e. a colorful circle formation around the sun. Yes, according to the reports coming from the experts and also, the statements of a few gazers, shortly after noon today, 'Sun Halo' was spotted.

Explaining to the viewers what exactly happened to the sun at that time, the experts from the...

Most Popular

Chimps Give Same Care and Attention to Beds as Humans

Well, you must not underestimate chimps when it comes to...

CDC Reports Decline in Health Complications due to Diabetes in United States

Researchers from the Centers for Disease Control and...

Bill Nye Underestimated Impact of Debate with Creationist Ken Ham

TV's Science Guy, Bill Nye, entered into a debate with...

Ensuring Food Security during Climate Change Requires Farmers to Adapt

It is just the fourth month of the year and already...

Poll

Can Greece Come out of Economic Problems: