Eisai agrees licensing deal for Parkinson's drug in Asia
Japanese drugmakers Eisai (TYO: 4523) and Meiji Seika Pharma have entered into a license agreement for the commercialization of ME2125 (safinamide) for the treatment of Parkinson’s disease in Japan and Asia.
Safinamide, which is marketed in Europe as Xadago, was discovered and developed by Newron Pharmaceuticals (SIX: NWRN). Under a pre-existing licensing agreement, Meiji Seika is entitled to manufacture and commercialize the drug in Japan and Asia.
The company, a subsidiary of Meiji Holdings (TYO:2269), is currently conducting Phase II/III trials for safinamide in combination with levodopa.
Under the terms of the agreement announced today, Eisai will obtain exclusive rights to market safinamide in Japan and to develop and market the drug in Asia.
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