Astellas Pharma in deal with Immunomic for JRC2-LAMP-vax, a vaccine for Japanese red cedar pollinosis
US privately-held clinical-stage biotech firm Immunomic Therapeutics and the US subsidiary of Japanese pharma major Astellas Pharma (TYO: 4503) have entered into an exclusive license agreement for Japan to develop and commercialize the US company’s JRC2-LAMP-vax.
Immunomic’s vaccine designed to treat allergies induced by Japanese red cedar pollen. The companies expect to initiate a Phase I trial of JRC2-LAMP-vax in Japan as soon as it is ready.
Deal worth a potential $70 million
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