US development-stage biophama company Anthera Pharmaceuticals (Nasdaq: ANTH) has entered into an exclusive licensing agreement with Japan’s Zenyaku Kogyo for the development and commercialization of subcutaneous blisibimod in Japan and potentially other countries throughout Asia, worth a potential $48 million.
Anthera retains full development and commercialization rights for all other global territories including North America and the European Union. Zenyaku currently markets Rituxan, an anti-CD20 antibody, in Japan where it is approved for CD20 Positive B-Cell lymphoma, B-cell lymphoproliferative disorder, ANCA associated vasculitis (GPA, MPA), and pediatric nephrotic syndrome.
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