Aquinox out-licenses rosiptor in Asia-Pacific region

10 May 2018

Canadian drug developed Aquinox Pharmaceuticals (Nasdaq: AQXP) has entered into an exclusive license agreement for Japan and certain other countries in the Asia-Pacific region for Astellas Pharma (TYO: 4503) to develop and commercialize rosiptor (AQX-1125).

This is Aquinox’ lead drug candidate, a first-in-class, once-daily oral treatment currently in Phase III clinical development for interstitial cystitis/bladder pain syndrome (IC/BPS) in North America and Europe.

Under the terms of the deal, Astellas will have the exclusive right to research, develop, and commercialize rosiptor for all human diseases and conditions in Japan and additional countries in the Asia-Pacific region, including major markets such as South Korea, Australia, Taiwan, Indonesia, and Malaysia, but excluding China and India.

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