Tokyo’s Taiho Pharmaceutical and Texas, USA-based Lung Therapeutics have agreed an exclusive license agreement for the latter’s LTI-01, for the territory of Japan.
Headquartered in Austin, Lung Tx is working on first-in-class medicines for unmet medical needs in fibrosis and lung disease, with an emphasis on niche, orphan drug indications.
LTI-01 is a recombinant single-chain urokinase plasminogen activator, currently under development by Lung Tx for loculated pleural effusions (LPE), a condition in which fluid is trapped within the pleural cavity.
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