Takeda terminates deal with Wave

17 October 2024

RNA specialist Wave Life Sciences (Nasdaq: WVE) has been told by Takeda (TYO: 4502) that the Japanese drugmaker is to bring to an end the last facet of a collaboration and license agreement that the companies signed in 2018.

In February of that year, the East Coast, USA-based company landed a near quarter billion dollar deal with Takeda to bring forward nucleic acid therapies for central nervous system disorders.

In the original deal, Takeda received the option to co-develop and co-commercialize programs in Huntington’s disease (HD), amyotrophic lateral sclerosis, frontotemporal dementia and spinocerebellar ataxia type 3.

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