Allergan and Rugen Therapeutics team up on autism and OCD research
Ireland-domiciled drugmaker Allergan (NYSE: AGN) and Rugen Therapeutics, a start-up biotechnology company, have entered into an exclusive collaboration to support the discovery and development of novel therapies for autism spectrum disorders (ASD) and obsessive compulsive disorders (OCD).
Importantly, Allergan – currently the subject of $160 billion merger negotiations with Pfizer (NYSE: PFE; The Pharma Letter November 23) - sought out this collaboration due to its passion and willingness to invest in people with ASD and their families and to identify ground-breaking therapeutic modalities to help them.
Terms of the accord
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