By Josh Beckerman
UCB agreed to buy Neurona Therapeutics for up to $1.15 billion, a deal that would add potential epilepsy drug NRTX-1001 to the Belgian company's portfolio.
The agreement includes $650 million upfront and up to $500 million in potential future milestone payments.
UCB expects to close the transaction by the end of the second quarter.
Column Group, a longtime Neurona investor, led a $23.5 million Series A funding announced in late 2015. Other investors have included Fidelity Management & Research Co., UCB Ventures and Alexandria Venture Investments.
In December, South San Francisco-based Neurona presented results from ongoing Phase 1/2 trials evaluating NRTX-1001, a one-time, allogeneic inhibitory interneuron cell therapy for drug-resistant mesial temporal lobe epilepsy. The company said it continued to see durable seizure reduction from a single administration in most subjects.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
April 17, 2026 16:11 ET (20:11 GMT)
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