Saniona Advances Neurological Pipeline with Strategic Partnerships and Strong Financial Position
- Saniona secured SEK 115 million through warrant exercise and maintains SEK 261 million in cash, strengthening its financial runway to advance three internal neurological programs to Phase 2 trials.
- The company's partnership with Acadia Pharmaceuticals includes $28 million upfront and potential $582 million in milestone payments, with SAN711 advancing toward Phase 2 for essential tremor in 2026.
- Strategic collaborations with Boehringer Ingelheim and Cephagenix joint venture validate Saniona's ion channel platform, while partner Medix pursues tesofensine approval in Mexico for obesity treatment.
- Saniona expects to finalize regulatory packages for SAN2355 by end-2025 and SAN2219 by first half of 2026, positioning multiple assets for clinical advancement.