Japanese drugmakers join forces on ophthalmic disease targets

26 September 2018

PeptiDream (TYO: 4587) has entered into a broad-based multi-target discovery and development agreement with fellow Japan-based Santen Pharmaceuticals (TYO: 4536).

Under the terms of the accord, PeptiDream will use its proprietary peptide discovery platform system (PDPS) technology to identify macrocyclic/constrained peptides against multiple ophthalmic disease targets of interest selected by Santen, and to optimize hit peptides into therapeutic peptides products for such indications.

News of the deal pushed PeptiDream’s shares up 2.5% to 4,505 yen by close of trading today, while Santen edged up 0.9% to 1,802 yen.

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