Chugai Pharmaceutical (TYO: 4519) has concluded a collaborative research agreement with privately held fellow Japanese biopharmaceutical company Anaeropharma Science concerning the creation of novel oncology drugs utilizing characteristic features of Bifidobacterium longum through Anaeropharma's proprietary platform technology, "in situ Delivery and Production System" (i-DPS).
Under the agreement, Anaeropharma and Chugai, which is majority owned by Swiss pharma giant Roche (ROG: SIX), will conduct joint research regarding specific oncology substances by use of Anaeropharma's i-DPS technology and Chugai's technology.
The scope of the agreement is limited to the specific substances predetermined by both companies, and the i-DPS technology will be applied only to those substances. No financial terms of the collaboration have been disclosed.
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