Shire and Shionogi to jointly develop and commercialize ADHD drugs in Japan

21 November 2011

Ireland-headquartered drugmaker Shire (LSE: SHP) has entered into an agreement with Japan’s Shionogi (TKO: 4507) to co-develop and co-commercialize certain of Shire's attention-deficit hyperactivity disorder (ADHD) medicines in Japan.

Shionogi will pay a one-time fee and share costs with Shire in exchange for rights to jointly co-develop and co-commercialize the products upon approval for the Japanese market. Specific financial terms of the accord have not being disclosed.

Shire has strong ADHD portfolio

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