Pharma BD Deal Intelligence

Dimerix Limited / Mission Therapeutics Ltd.

2026 · Licensing/Option · $292M · Complete

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Jul 17, 2026 fiercebiotech.com Neutral

Dimerix snaps up Mission's Phase 2-ready kidney disease candidate MTX652 for $5M upfront in a deal worth up to $292M.

Jul 17, 2026 pharmatimes.com Neutral

Mission Therapeutics divests MTX652 to Dimerix in a deal worth up to $292 million; milestone breakdown detailed.

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Dimerix Limited licensed MTX652, a Phase 2-ready selective USP30 inhibitor for acute kidney injury, from Mission Therapeutics in a deal announced July 17, 2026 worth up to $292 million. Dimerix pays $5 million upfront plus up to $287 million in clinical, regulatory and sales milestones and up to double-digit tiered royalties on global net sales. The divestiture lets Mission sharpen its focus on its CNS pipeline while Dimerix, an ASX-listed renal specialist, adds a mechanistically differentiated mitochondrial-protection asset to its kidney-disease portfolio.

This deal is too recent to grade. Critic Score and Outcome Score are assigned after the announcement-week coverage settles and, for Outcome, after the 5-year post-close assessment window opens — expected 2031 at the earliest for this deal, once/if it closes.

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