Sosei and Daiichi Sankyo to co-develop pain meds

13 March 2017

Japanese firms Sosei (TYO: 4565) and Daiichi Sankyo (TYO: 4568) have entered into a drug discovery and licensing agreement to develop and commercialize novel analgesic therapies.

Heptares Therapeutics, a subsidiary of biotech firm Sosei, will grant Daiichi Sankyo exclusive global rights to develop, manufacture and commercialize certain small molecules that play a crucial role in relieving pain.

Heptares is a clinical-stage company creating medicines targeting G protein-coupled receptors (GPCRs), which are linked to a wide range of human diseases.

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