Teijin and AMED link up to develop drugs for frail people

14 May 2019

Japanese chemical, pharmaceutical and information technology company Teijin (TYO: 3401) has signed a research and development agreement with the Japan Agency for Medical Research and Development (AMED) to form an industry-government-academia partnership that will explore preventive and therapeutic drugs for frail elderly people as designated under AMED’s Cyclic Innovation for Clinical Empowerment program(CiCLE) in October 2018.

Teijin’s shares edged up 1.28% to 1,816 yen following the announcement today.

The Japan Geriatric Society, which has proposed that the English word “frail” be adopted as a new expression for frailty in Japanese, is advocating that appropriate measures be adopted to postpone the onset of various disabilities in frail people. Given that effective treatments have yet to be established, Teijin believes that active steps should be taken to develop preventive and therapeutic drugs to help people live long, healthy lives.

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