Sosei collaboration with PeptiDream progressing well
GPCR medicines specialist Sosei Group (TYO Mothers Index: 4565) and fellow Japan-based PeptiDream (TYO: 4587) have updated on their collaboration, which started in June 2017, saying it is progressing well.
The companies aim to discover, develop and commercialize novel therapeutics targeting a specific G protein-coupled receptor (GPCR) with an important role in inflammatory disease.
Under the agreement, the companies are jointly conducting and share the costs of the discovery and development program, and will co-own any resulting products. No further financial details are disclosed.
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