Saniona announces option exercise by AstronauTx for global rights
Saniona receives $5M in AstronauTx shares and up to $172M in potential milestone payments and royalties.
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Biotechnology company developing ion channel modulators
saniona.comLast updated
In short: Saniona advanced clinical epilepsy candidates and secured licensing deals with Jazz Pharmaceuticals and AstronauTx to drive growth.
Saniona receives $5M in AstronauTx shares and up to $172M in potential milestone payments and royalties.
The meeting approved the accounts, re-election of the board and rejection of two proposals due to shareholder opposition.
SAN2668 addresses sedation, cognitive impairment, and tolerance. The company advances three programs to Phase 2 and initiates preclinical development for Phase 1 in 2026.
The call occurs on 28 August at 13:00 CET. Management presents results, updates, and hosts a Q&A session.
Saniona AB (LTS:0RQJ) narrows focus to SAN2668 and SAN2465, reporting a SEK58 million net loss while securing non-dilutive funding and advancing toward key clinical milestones.
The aim of the collaboration is to discover treatments for Alzheimer's disease and other neurodegenerative conditions, pairing Saniona's IonBase platform with AstronauTx's expertise in sleep...
The Stockholm stock exchange is trading in an irregular trend at lunchtime on Monday.
Development candidate ATX0926 enters IND-enabling stage of development expanding AstronauTx's pipeline of therapies targeting sleep biologyRepresents the successful outcome of a multi-year scientific ...
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