Boehringer Ingelheim is teaming up with Sosei Heptares to advance drug candidates with the potential to treat all three aspects of schizophrenia in a deal that includes €25 million ($27.3 million) upfront.
Boehringer will get an exclusive option to license Sosei’s collection of GPR52 agonists, including its first-in-class program, HTL0048149. Sosei could receive a €60 million ($65.6 million) option exercise payment and up to €670 million ($732.9 million) in milestones plus tiered royalties, per a company release.
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