Heptares and Teva reach first milestone in migraine collaboration

18 May 2017

Heptares Therapeutics will receive a milestone payment from partner Teva Pharmaceutical Industries (NYSE: TEVA), as the Israeli company advances the two firms’ migraine therapy candidate into further preclinical studies.

Heptares is a subsidiary of Japanese drugmaker Sosei Group (TYO Mothers Index: 4565).

The small molecule, which was discovered using Heptares’ “structure-based” drug discovery platform is a calcitonin gene-related peptide (CGRP) antagonist.

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