Merz licenses TAU Alzheimer's drug

Merz is the developer of Memantine, an anti-dementia drug, as well as treatments for Parkinson's Disease and depression.

Tel Aviv University has licensed an Alzheimer's treatment it developed to Merz Pharmaceuticals, a German producer of Alzheimer's drugs. Ramot, Tel Aviv University's technology transfer company, raised $8.5 million for research into the treatment in 2003. Merz is the developer of Memantine, an anti-dementia drug, as well as treatments for Parkinson's Disease and depression.