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Sees potential for development of MT-1303; Mitsubishi to receive $60 million upfront
September 9, 2015
By: Tim Wright
Editor-in-Chief, Contract Pharma
Biogen has formed an agreement to exclusively license MT-1303, a late stage experimental medicine with potential in multiple autoimmune indications, from Mitsubishi Tanabe Pharma Corporation. MT-1303 is an oral compound that targets the sphingosine 1-phosphate (S1P) receptor. Biogen is assessing the potential of MT-1303 in multiple sclerosis (MS), ulcerative colitis, Crohn’s disease, and other autoimmune indications. The compound has completed a successful Phase 2 clinical trial in MS and Bio...
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