Shionogi sells rights to coronavirus candidate in USA and Europe

26 January 2021

Osaka, Japan-based Shionogi (TYO: 4507) has out-licensed exclusive US and European development and marketing rights to its DP1 receptor antagonist, BGE-175, in COVID-19.

Californian age-related disease specialist BioAge Labs, which recently completed a $90 million series C financing round, has picked up the rights for an undisclosed amount.

The firm has also obtained exclusive rights to negotiate a license for additional indications.

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