Billion dollar deal to develop four novel neurology drugs
A global licensing agreement between Sunovion Pharmaceuticals and Japan’s Otsuka Pharmaceutical (TYO: 4578) will see the firms jointly develop and sell four compounds in neuropsychiatry.
Sunovion is a USA-based subsidiary of Sumitomo Dainippon Pharma (TYO: 4506).
The agreement covers ulotaront (SEP-363856), SEP-4199, SEP-378614 and SEP-380135, compounds which offer a scientifically unique approach to tackling conditions where there is unmet medical need.
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