Chugai settles with UK research bodies over Actemra
The Roche (ROG: SIX) majority-owned drugmaker Chugai (TYO: 4519) has settled with the UK Research and Innovation agency and associated charity LifeArc, nearly three years after the lawsuit was filed against the company.
An undisclosed sum will be paid by Chugai to end the dispute, which began with the research groups making a claim on May 10, 2017, that the company had breached its obligations under a collaboration agreement dated August 15, 1990, in connection with the development of the humanized anti-human interleukin (IL)-6 receptor monoclonal antibody, Actemra (tocilizumab).
Actemra is an immunosuppressive drug, mainly for the treatment of rheumatoid arthritis and systemic juvenile idiopathic arthritis.
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