It is not often that a big pharma is tapped by a small player for a deal but the markets have reacted well to Monopar Therapeutics’ move to license AstraZeneca’s late-stage Wilson’s disease drug and reunite its CEO with a drug he worked on a couple of decades ago.
Monopar has entered into an agreement with Alexion, AstraZeneca’s rare disease unit, for an exclusive worldwide license to ALXN-1840 (bis-choline tetrathiomolybdate) for Wilson, a rare and progressive genetic condition caused by variants in the ATP7B gene and characterized by a build-up of toxic copper levels in the liver, brain and other organs