Takeda ends partnership with AMAG Pharma on Rienso/Feraheme

30 December 2014

Japan’s largest drugmaker Takeda Pharmaceutical (TYO: 4502) has entered into an agreement with US drugmaker AMAG Pharmaceuticals (Nasdaq: AMAG) to mutually terminate the March 2010 license, development and commercialization agreement for ferumoxytol in ex-USA territories.

Under that accord, worth a potential $280 million to AMAG, Takeda was granted rights to market ferumoxytol in Canada, the European Union and Switzerland, as well as certain other geographic territories (under the trade name Rienso outside of Canada where the product's trade name is Feraheme).

AMAG will regain global development and commercialization rights to the drug

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