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Ascendis Pharma, Teijin Enter Rare Disease Alliance

Teijin receives exclusive license to develop and commercialize TransCon hGH, TransCon PTH, and TransCon CNP for endocrinology in Japan.

Ascendis Pharma has entered into an exclusive license agreement with Teijin Limited for the further development and commercialization of TransCon hGH, TransCon PTH, and TransCon CNP for endocrinology rare disease in Japan. Ascendis will receive an upfront payment of $70 million, with additional development and regulatory milestones of up to $175 million, transfer pricing and commercial milestones. Ascendis Pharma is also eligible to receive royalties on sales in Japan. “We are pleased to p...

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