Industry

Genentech pays Alector $100 million for Parkinson’s drug rights

Fierce Biotech reported that Genentech will pay Alector $100 million upfront for exclusive rights to a preclinical drug candidate for Parkinson’s disease.

Reported by 2 outlets Monday, October 5, 2026

Brain scan images on monitors in an MRI control room
Photo: Public domain, U.S. Navy Medicine

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