Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Third party research

Irlab: Global licensing deal for mesdopetam - Edison

IRLAB Therapeutics

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
IRLAB has signed an exclusive global licensing agreement with Ipsen worth up to $363m for its lead asset, mesdopetam, which is currently in a Phase IIb/III study in Parkinson’s disease (PD) patients with levodopa-induced dyskinesias (PD-LIDs). IRLAB will receive a $28m upfront payment and is eligible to receive up to $335m in potential development, regulatory and commercial milestones (spread across multiple indications) plus low double-digit tiered royalties on net sales. This deal provides strong external validation of mesdopetam’s potential as well as IRLAB’s Integrative Screening Process (ISP) research platform that discovered it. While IRLAB will still be responsible for the ongoing Phase IIb/III study in PD-LIDs, Ipsen will assume responsibility for all remaining clinical development and global commercialisation. This significantly de-risks its development for IRLAB and allows it to focus on pirepemat (IRL752) in PD-related falls and its preclinical assets (including IRL942 and IRL1009), potentially expediting their development. Our forecasts are under review.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.