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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
In July 2025, the Company entered into a collaboration, option and license agreement with JCR Pharmaceuticals (JCR”) to develop an oligomer-targeted Enhanced Brain Delivery (EBDTM) therapy for AD. Under the terms of the agreement, in addition to an upfront payment that JCR received, if the Company exercises its exclusive option to develop up to two development candidates, JCR will be eligible for an additional option payment of $9.25 million. JCR will also be eligible to
receive future milestone payments of up to $40 million related to development, and up to $515 million related to sales, for a total of up to $555 million, as well as single-digit percentage royalties on sales of any products that emerge from the collaboration.