Merck and Amathus Therapeutics Create Strategic Collaboration to Develop Treatments for Neurodegenerative Diseases
New York – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Merck, known as MSD outside the United States and Canada, in a strategic collaboration with Amathus Therapeutics to develop novel small molecule therapeutic candidates for neurodegenerative diseases.
Under the terms of the agreement, Amathus will be responsible for identifying and progressing novel chaperone activators through preclinical discovery, and will be eligible for milestone payments from Merck in excess of $500 million per program associated with the successful development of candidates.
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