Japan’s Ono Pharmaceutical (TYO: 4528) has signed an agreement with IDAC Theranostics, a Tokyo-based research company focusing on treatments for cancers and inflammatory diseases, to make sure it will access IDAC’s anti-CD4 antibody IT1208 in the first place.
The agreement allows Ono, based in Osaka, to be the exclusive company to evaluate the result of the Phase I trials of IT1208. If the result is positive, Ono will be the only company to negotiate an in-licensing deal, reports The Pharma Letter’s local correspondent Wang Fangqing
A humanized antibody targeting CD4, IT1208 uses potelligent technology from Kyowa Hakko Kirin (TYO: 4151) to have an enhanced antibody dependent cellular cytotoxicity. It is currently recruiting in Japan for the Phase I studies, which will be completed by IDAC, according to the agreement.
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