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Pharmaust Limited ( (AU:NUZ) ) just unveiled an update.
Neurizon Therapeutics has entered into an exclusive global licensing agreement with Elanco Animal Health to accelerate the commercialization of its lead investigational therapy, NUZ-001, for neurodegenerative diseases. This agreement grants Neurizon access to Elanco’s extensive data package and intellectual property, significantly reducing development costs and timelines. The collaboration is expected to strengthen Neurizon’s regulatory position and support future clinical trials and global market entry, marking a strategic milestone in the company’s growth.
The most recent analyst rating on (AU:NUZ) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on Pharmaust Limited stock, see the AU:NUZ Stock Forecast page.
More about Pharmaust Limited
Neurizon Therapeutics Limited is a clinical-stage biotechnology company focused on developing treatments for neurodegenerative diseases, particularly Amyotrophic Lateral Sclerosis (ALS). The company aims to accelerate access to effective ALS treatments and explore broader applications for its lead drug candidate, NUZ-001, through international collaborations and rigorous clinical programs.
Average Trading Volume: 327,195
Technical Sentiment Signal: Buy
Current Market Cap: A$76.31M
See more data about NUZ stock on TipRanks’ Stock Analysis page.