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Australia's Neurizon Therapeutics jumps on licensing agreement with Elanco

ReutersJul 2, 2025 2:30 AM

Shares of Neurizon Therapeutics NUZ.AX rise as much as 3.2% to A$0.160, their biggest intraday pct gain since June 26

The biotechnology co enters into a global licensing agreement with Elanco Animal Health ELAN.N

Agreement is for exclusive rights to Elanco's data package and related intellectual property for Monepantel, the active pharmaceutical ingredient in co's NUZ-001, a formulation used in neurodegeneration applications

YTD, shares of co down 5.9%

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