Teva Pharma (TEVA) and MODAG Collaborate on Neurodegenerative Disease Drug Candidate

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Teva and MODAG Announce Licensing Collaboration for Neurodegenerative Disease Drug Candidate

October 26, 2021 4:45 PM EDT

Small molecule candidate Anle138b targets disease modification for multiple system atrophy and other neurological disorders

TEL AVIV & WENDELSHEIM, Germany--(BUSINESS WIRE)-- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) and MODAG GmbH today announced a strategic collaboration on the exclusive worldwide licensing and development of MODAG's lead compound anle138b and a related compound,... More