Astellas ends FK481 R&D deal with Servier
Japanese drugmaker Astellas Pharma says that it has ended an agreement with France's Laboratoires Servier regarding the anti-osteoporosis agent FK481 (strontium ranelate), which it in-licenses from the latter. Phase II assessment in Japan has produced similar efficacy data to European studies. Despite this, and partially as a result of reassessment of its product pipeline, Astellas has decided to withdraw from further development of the product.
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