vTv Therapeutics, Reneo Pharmaceuticals Enter Agreement

vTv Therapeutics has entered into a global licensing agreement with Reneo Pharmaceuticals. 

The agreement grants Reneo Pharmaceuticals exclusive worldwide rights to research, develop and commercialize vTv Therapeutics’ selective peroxisome proliferator-activated receptor delta (PPAR-delta) program. Under the terms of the agreement, vTv Therapeutics will receive an upfront payment and will be eligible to receive future development and commercialization milestones as well as royalties on sales of approved products. vTv Therapeutics will also receive shares of Reneo Pharmaceuticals’ common stock.

“We’re thrilled to partner with Reneo and the company’s founder and executive chairman, Mike Grey, an established and recognized leader in the industry, to complete the development and commercialization of our PPAR-delta program,” said Steve Holcombe, president and chief executive officer of vTv Therapeutics. “This collaboration represents continued delivery on our commitment to translate innovative science into medicine for patients, and Reneo Pharmaceuticals’ expertise makes it well suited to maximize the potential of this candidate.”