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Karuna Therapeutics
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U.S.A
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Karuna Therapeutics 33 Arch Street Suite 3110 Boston, MA 02110
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(857) 449-2244

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Details:

Through the acquisition, BMS will enhance the development of KarXT (xanomeline-trospium), an antipsychotic with a novel mechanism of being a first-in-class M1 / M4 muscarinic receptor agonist, with differentiated efficacy and safety for treating schizophrenia in adults.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Bristol Myers Squibb

Deal Size: $14,000.0 million Upfront Cash: $14,000.0 million

Deal Type: Acquisition March 18, 2024

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Details:

Through the acquisition, BMS will enhance the development of KarXT (xanomeline-trospium), an antipsychotic with a novel mechanism of being a first-in-class M1 / M4 muscarinic receptor agonist, with differentiated efficacy and safety for treating schizophrenia in adults.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Bristol Myers Squibb

Deal Size: $14,000.0 million Upfront Cash: $14,000.0 million

Deal Type: Acquisition December 22, 2023

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Details:

KarXT (xanomeline and trospium chloride) is an M1/M4 receptor Agonist small molecule drug delivered orally in capsule form for the treatment of Schizophrenia.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 29, 2023

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KarXT (xanomeline-trospium) is an oral, investigational M1/M4-preferring muscarinic agonist in development for the treatment of psychiatric and neurological conditions, including schizophrenia and psychosis in Alzheimer’s disease.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 17, 2023

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Details:

KarXT (xanomeline-trospium) is an oral, investigational M1/M4-preferring muscarinic agonist in development for the treatment of psychiatric and neurological conditions, including schizophrenia and psychosis in Alzheimer’s disease.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 16, 2023

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Details:

KarXT (xanomeline-trospium) is an oral, investigational M1/M4-preferring muscarinic agonist in development for the treatment of psychiatric and neurological conditions, including schizophrenia and psychosis in Alzheimer’s disease.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Recipient: PureTech Health

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 28, 2023

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Details:

The proceedings will be used to fund Karuna's ongoing and planned clinical trials of KarXT (xanomeline), to support the potential commercialization of KarXT for psychosis in schizophrenia, to support and expand company's pipeline of clinical and preclinical programs.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Goldman Sachs & Co. LLC

Deal Size: $460.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 24, 2023

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Details:

Under the agreement, Royalty Pharma will acquire PureTech’s royalty in Karuna’s KarXT (xanomeline), an oral, investigational M1/M4-preferring muscarinic agonist for the treatment of psychiatric and neurological conditions, including schizophrenia and psychosis in Alzheimer.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Royalty Pharma

Deal Size: $500.0 million Upfront Cash: $100.0 million

Deal Type: Agreement March 23, 2023

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Details:

The proceedings will be used to fund Karuna's ongoing and planned clinical trials of KarXT (xanomeline), to support the potential commercialization of KarXT for psychosis in schizophrenia, to support and expand company's pipeline of clinical and preclinical programs.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Goldman Sachs & Co. LLC

Deal Size: $400.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 21, 2023

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Details:

KarXT (xanomeline-trospium) is an oral, investigational M1/M4-preferring muscarinic agonist in development for the treatment of psychiatric and neurological conditions, including schizophrenia and psychosis in Alzheimer’s disease.


Lead Product(s): Xanomeline,Trospium Chloride

Therapeutic Area: Psychiatry/Psychology Product Name: KarXT

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 20, 2023

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