Breaking News

Astellas to Acquire Ogeda SA

Expands late-stage assets

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Astellas Pharma Inc. has entered into a definitive agreement to acquire Ogeda SA, a privately-owned drug discovery company focused on small molecule drugs targeting G-protein coupled receptors (GPCRs), for as much as €800 million. Its lead candidate, fezolinetant, a selective NK3 receptor antagonist, achieved positive data from a Phase IIa study for the non-hormonal treatment of menopause-related vasomotor symptoms (MR-VMS). Ogeda will become a wholly owned subsidiary of Astellas. The closing, s...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters