Nxera Pharma Co., Ltd. announced that it has reached a third R&D milestone under its multi-target discovery collaboration with AbbVie focused on neurological diseases, resulting in a payment of USD 10 million to Nxera. Nxera and AbbVie entered this multi-target collaboration in 2022 to leverage Nxera?s NxWave? platform to discover novel medicines targeting G protein-coupled receptors (GPCRs) associated with neurological disease.
This current milestone relates to the identification of validated and differentiated ?hit? molecules against a neurology target. Under the terms of the agreement, Nxera is eligible to receive up to USD 40 million in near-term research milestones, as well as further potential option, development and commercial milestones totalling up to USD 1,200 million, plus tiered royalties on global sales.
This is the third milestone received in this collaboration; the first milestone was achieved in June 2024 and the second milestone in September 2025.

















