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Other

Nxera Pharma to Receive US$3.6 Million in Milestone Payment Pursuant to Research Collaboration with Centessa

By The Northwire Desk — AI Analysis Jan 13, 2026 · 03:09 4565 · None None
4565 · Price

Executive Summary

  • Centessa Pharmaceuticals achieved an early development milestone for its OX2R agonist ORX142, triggering a $3.6 million payment to Nxera Pharma under their research collaboration.
  • The milestone payment will be recognized as revenue in Nxera’s Q4 FY2025 results.
  • The achievement reflects progress on a candidate targeting neurological and neurodegenerative disorders.

Key Details

  • Milestone: Early development milestone for ORX142 (orally administered, highly potent and selective orexin‑2 receptor agonist).
  • Payment Amount: US $3.6 million payable to Nxera Pharma.
  • Recognition: The payment will be recorded as revenue in Q4 FY2025.
  • Collaboration Context: Payment is pursuant to the existing research collaboration agreement between Nxera Pharma and Centessa Pharmaceuticals.
  • Therapeutic Focus: ORX142 is being developed for treatment of neurological and neurodegenerative disorders.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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