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60 Degrees Pharmaceuticals Announces Exclusive Option Agreement with Florida State University to Advance Castanospermine for Tick-Borne Diseases

$SXTPPress releaseJul 8, 2026, 8:01 AM ETRead the release

60 Degrees Pharmaceuticals entered into an exclusive option agreement with the Florida State University Research Foundation to license IP for castanospermine targeting tick-borne diseases. The agreement covers Powassan virus disease, tick-borne encephalitis, alpha-gal syndrome, and post-treatment Lyme disease, giving the company time to formulate a commercialization strategy.

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