Approval for first drug against rare type of cancer in Japan

3 July 2017

Teijin Pharma and French firm Ipsen (Euronext: IPSEY) have received approval from Japan’s medicines regulator to market Somatuline (lanreotide) for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP NET).

The two firms have a long-standing agreement aimed at extending the commercial reach of certain of their respective products.

Teijin Pharma, the core company of Japan’s Teijin Group’s (TYO: 3401), first received approval to market Somatuline in Japan for the treatment of acromegaly and pituitary gigantism, in 2012.

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