NeuroBo Pharmaceuticals Announces Exclusive License Agreement with MThera Pharma for NB-01

July 31, 2024

https://www.prnewswire.com/news-releases/neurobo-pharmaceuticals-announces-exclusive-license-agreement-with-mthera-pharma-for-nb-01-302208809.html

CAMBRIDGE, Mass., July 30, 2024 /PRNewswire/ — NeuroBo Pharmaceuticals, Inc. (Nasdaq: NRBO), a clinical-stage biotechnology company focused on the transformation of cardiometabolic diseases, today announced the signing of an exclusive license agreement, providing MThera Pharma Co., Ltd. (MTHERA) with the rights to NB-01 for the treatment of painful diabetic neuropathy. The agreement allows MTHERA to conduct research and clinical trials, including, but not limited to, a potential Phase 3 clinical trial in the United States and South Korea, for the future commercialization of NB-01. Financial terms of the agreement were not disclosed.

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