Ono Pharma in discovery pact with Scil Proteins

18 May 2012

Japanese drugmaker Ono Pharmaceutical (TYO: 4528) has entered into a collaboration with Germany-based, privately-held Scil Proteins GmbH for the joint discovery and development of new protein therapeutics.

Under the terms of the agreement, Ono will pay Scil Proteins research funding, and make milestone payments for research, development and commercialization, as well as royalty payments based on sales. Further financial terms were not disclosed.

Will utilize German firm’s Affilin drug discovery platform

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