UM Licenses Drug Discovery IP to Enexa Bio Inc
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Description
The Regents approved a technology license agreement with Enexa Bio Inc for autoimmune, metabolic, and neurodegenerative disease treatments. The contract includes upfront fees, royalty payments, patent reimbursements, and university equity.
Contract Details
Contract Amount
Equity in Enexa Bio Inc; Upfront fee; Royalties on sales; Patent cost reimbursement
Vendor
ENEXA BIO INC
Agency
University of Michigan Board of Regents, MI
Contract Type
LICENSE
Document Date
November 20, 2025
Renewal Info
May be amended to add related technologies by consent. Equity terms include possible additional equity purchases by university.
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