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Addex Therapeutics announces CHF 2.7M commitment from Indivior
The Fly

Addex Therapeutics announces CHF 2.7M commitment from Indivior

Addex Therapeutics (ADXN) announced that its collaboration agreement with Indivior (INDV) for the discovery of novel oral gamma-aminobutyric acid subtype B, or GABAB, positive allosteric modulator, or PAM, drug candidates for the treatment of substance use disorder has been extended until June 30, 2024. As part of the extended agreement, Indivior has committed CHF 2.7M to support research and discovery activities during this period. Addex retains exclusive rights to advance its own independent GABAB PAM program and is developing compounds for the treatment of chronic cough.

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