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BioWorld - Tuesday, February 17, 2026
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Home » Biogen, Neomorph pact worth $1.45B for molecular glue degraders
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Neurology/psychiatric

Biogen, Neomorph pact worth $1.45B for molecular glue degraders

Oct. 31, 2024
By Karen Carey
Two days after Monte Rosa Therapeutics Inc. signed a molecular glue degrader deal with Novartis AG, two other companies, Biogen Inc. and Neomorph Inc., are moving forward in the same space in a partnership worth up to $1.45 billion. Cambridge, Mass.-based Biogen and San Diego-based Neomorph will develop molecular glue degraders (MGDs) for priority targets in Alzheimer’s, rare neurological and immunological diseases, using Neomorph’s MGD platform to identify and validate novel small-molecule protein degraders.
BioWorld Science Deals and M&A Immune Neurology/psychiatric Degradation inducer Small molecule U.S.

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