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Lilly and QurCan enter genetic-medicine collaboration worth up to $237m per programme

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Lilly and QurCan Therapeutics have entered a multi-programme collaboration to develop nucleic-acid medicines for central and peripheral nervous system diseases using QurCan's TERP delivery platform.


QurCan's polymer-lipid nanoparticle technology is designed to deliver genetic medicines beyond the liver and will be applied to selected CNS and PNS targets under the collaboration.


QurCan is eligible for up to $237 million per programme in development and commercial milestones, as well as royalties, giving the agreement potentially substantial value across multiple programmes.

Field

Content

Alert Type

Deal

Companies

Eli Lilly and Company; QurCan Therapeutics

Deal Type

Strategic research and licensing collaboration

Asset or Company

TERP polymer-lipid nanoparticle delivery platform

Therapy Area(s)

Neurology; central nervous system; peripheral nervous system

Technology or Modality

Nucleic-acid therapeutics; polymer-lipid nanoparticles; genetic medicine

Deal Value

Up to US$237 million per programme in milestone payments, plus royalties

Geography

Global

What Happened

Lilly and QurCan Therapeutics entered a multi-programme collaboration to develop CNS and PNS genetic medicines using QurCan's TERP delivery technology.

Why It Matters

Efficient delivery remains a major challenge for genetic medicines outside the liver, and the collaboration gives Lilly access to a platform designed for broader tissue targeting.

Supporting Context

QurCan's TERP technology uses polymer-lipid nanoparticles designed to deliver nucleic-acid therapeutics to tissues including the central and peripheral nervous systems.

Strategic Rationale

Lilly gains access to a specialised delivery platform while QurCan receives development funding and potential milestone and royalty economics across multiple programmes.

Potential Impact

Successful programmes could expand the range of neurological diseases addressable with nucleic-acid medicines.

Key Takeaway

Lilly is partnering with QurCan on multiple genetic-medicine programmes, with potential payments of up to US$237 million per programme.

What to Watch

Selection of programme targets, preclinical development and evidence that TERP can achieve effective delivery in CNS and PNS tissues.

Primary Source

QurCan Therapeutics

Relevant Date

15 September 2026


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