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Cyclerion Therapeutics Enters Collaboration Agreement with Medsteer

Jan 06, 2026

Contract Type

collaboration_agreement

WalthamBiotechnologyHealthcareHealth CareTherapeutics

Description

On January 3, 2026, Cyclerion Therapeutics, Inc. entered into a Collaboration and Option Agreement with Medsteer. Under this agreement, Medsteer provides Cyclerion a non-exclusive, worldwide, royalty-free license to certain technologies and an option for an exclusive, royalty-bearing license for further development. This collaboration focuses on developing anesthetic delivery systems and related technologies

Company Information

Company

Korsana Biosciences

Location

Waltham, Massachusetts, United States

About

Korsana Biosciences, Inc. is a biotechnology company focused on discovering and developing novel therapies for neurodegenerative diseases, particularly Alzheimer's disease. The company leverages its proprietary THETA™ therapeutic targeting platform to improve drug delivery and efficacy. Founded in 2024, Korsana aims to elevate patient care by creating potentially best-in-class therapeutics. The company's lead program, KRSA-028, targets amyloid beta and demonstrates strong preclinical data.