Overview
- ADEL will receive an $80 million upfront payment, with additional development and commercial milestones that could bring the total to $1.04 billion, plus tiered royalties up to double-digit percentages.
- The agreement grants Sanofi exclusive worldwide rights to ADEL-Y01 and its related backup compounds for development and commercialization.
- ADEL-Y01 is a humanized monoclonal antibody designed to bind tau acetylated at Lysine-280 (acK280) to inhibit propagation of toxic tau species while preserving normal tau function.
- The therapy is being evaluated in a global Phase 1 first-in-human study under a U.S. FDA IND, with the trial listed as NCT06247345.
- ADEL discovered and advanced the program using its protein modification platform and has co-developed it with Oscotec since 2020, while Sanofi publicly endorsed the mechanism as a differentiated approach.