Japanese collaboration to develop cell therapy for liver cirrhosis
Osaka, Japan-based firms Shionogi (TYO: 4507) and Rohto Pharmaceutical (TYO: 4527) have agreed to work together on the Japanese development and possible future commercialization of ADR-001, a candidate for the treatment of liver cirrhosis.
Under the terms of the agreement, Shionogi will head up clinical development following an ongoing Phase I/II study in patients with decompensated liver cirrhosis. The firm will also be responsible for commercialization of ADR-001 for liver cirrhosis in Japan.
Rohto will receive an upfront payment and additional development milestones and royalties.
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