Astellas and Potenza ink deal on immuno-oncology therapeutics

22 April 2015

Japanese pharma major Astellas Pharma (TYO: 4503) and US biotech firm Potenza Therapeutics have signed an exclusive R&D collaboration.

The goal of the collaboration is to advance a portfolio consisting of programs with novel mechanisms of action targeting immune checkpoint pathways, co-stimulatory signals and regulatory T cells.

Under the terms of the accord, Potenza will lead drug discovery activities and deliver development candidates to Astellas. Astellas will be responsible for clinical development activities and commercialization. Specific financial terms will not be disclosed, but include an equity investment, option fee, research funding, and potential future acquisition and milestone payments.

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