Family-owned German drugmaker Grünenthal on Friday announced the joint global drug development program with USA-based Akashi Therapeutics for HT-100, an orally available small molecule drug candidate designed to reduce fibrosis and inflammation and to promote healthy muscle fiber regeneration in Duchenne Muscular Dystrophy (DMD) patients.
The drug has orphan designation in both the USA and the European Union, and fast track designation in the USA. Grünenthal will be responsible for commercialization in Europe and Latin America, while Akashi Therapeutics will retain rights for the USA and all other markets. This partnership is a key milestone in Grünenthal’s strategy to broaden its portfolio in niche indications by building on its track record of bringing innovative pain therapies to patients.
Grunenthal to commit $100 million to the partnership
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