Merck buys Calporta for preclinical neurodegeneration assets

Merck buys Calporta for preclinical neurodegeneration assets

Source: 
Fierce Biotech
snippet: 

Merck has struck a deal to buy Calporta Therapeutics for up to $576 million. The takeover centers on TRPML1 agonists designed to treat neurodegenerative disorders by clearing toxic proteins from the brain.