Following a shake-up on the R&D side, British pharma company GSK (LSE: GSK) has opted to stop development of GSK4381406, a GPR35 agonist.
Full rights to the experimental drug will be returned to partner Sosei Heptares (TYO: 4565), the discoverer of the compound, which is thought by scientists to have potential in indications such as irritable bowel disease (IBD).
Sosei and GSK agreed in 2020 to work together on small molecules of this type, taking aim at IBD and other gastrointestinal immune disorders.
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