Nxera Pharma Receives US$3.6 Million Milestone Payment from Centessa

Reuters01-13
<a href="https://laohu8.com/S/SOLTF">Nxera Pharma</a> Receives US$3.6 Million Milestone Payment from Centessa

Nxera Pharma Co. Ltd. announced that it will receive a US$3.6 million milestone payment from Centessa Pharmaceuticals. The payment is triggered by Centessa’s achievement of an early development milestone related to its investigational orexin receptor 2 (OX2R) agonist, ORX142, which is being developed for the treatment of neurological and neurodegenerative disorders. The milestone payment will be recognized as revenue in Nxera Pharma’s fourth quarter of fiscal year 2025.

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