Astellas links with Mitokyne on mitochondria-related therapies

7 October 2013

Japanese drug major Astellas Pharma (TYO: 4503) and USA-based start-up Mitokyne have entered into an exclusive R&D collaboration focused on discovering and developing novel drugs that improve mitochondrial functions.

These drug candidates have the potential to treat genetic, metabolic or neurodegenerative disorders as well as conditions of aging. The emerging biological understanding of mitochondria, along with new tools and assays available to better elucidate mitochondrial function and processes, will enable the identification of breakthrough treatments for patients suffering from mitochondria-related diseases and improve their quality of life.

$45 million financing

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