Ovid Therapeutics, Inc. is kicking off the new year with a multimillion-dollar licensing deal with AstraZeneca PLC that Ovid CEO Jeremy Levin said is one component of a broader development strategy in neurology, which it is financing with the help of an out-licensing agreement in early 2021 with Takeda Pharmaceutical Co. Ltd.
Ovid Starts Neurology Spree With AstraZeneca Deal
The company is using proceeds from last year’s handover of its lead epilepsy program to Takeda to fuel a push in neurology development.
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