Takeda partners with Altos Therapeutics on gastroparesis, with option to buy the firm
Japan’s largest drugmaker Takeda Pharmaceutical (TYO: 4502) and USA-based Altos Therapeutics companies have entered into a definitive agreement to further the development of Altos’ proprietary compound ATC-1906.
Additionally, the agreement includes an exclusive option for Takeda to acquire privately-held Altos beginning on the date of the agreement and continuing for a period of time following the completion of ongoing Phase I studies of ATC-1906. The parties envision future development of ATC-1906 for the treatment of gastroparesis (GP) and its symptoms.
GP is a chronic gastric motility disorder characterized by delayed gastric emptying. Symptoms include early satiety, post-prandial fullness, nausea, vomiting, and abdominal discomfort. Diabetic gastroparesis and idiopathic gastroparesis have high unmet need.
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