Takeda and BioMotiv in strategic partnership, including investment

25 September 2014

Japan’s largest drugmaker Takeda Pharmaceutical (TYO: 4502) has made a strategic investment in USA-based BioMotiv, the therapeutic accelerator company associated with The Harrington Project for Discovery & Development. Additionally, the companies have formed a partnership that will leverage the strengths of both organizations to identify and develop pioneering medical innovations.

The initial investment is around $25million over five years. This investment includes exclusive rights relating to programs sourced by BioMotiv specifically in the therapeutic areas of immunology and inflammation, and cardio-metabolic diseases.

Launched in 2012, The Harrington Project for Discovery & Development is a $250 million national initiative, comprising the not-for-profit Harrington Discovery Institute and BioMotiv, a for-profit therapeutic accelerator.

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