Takeda Pharmaceutical Co. Ltd. (TKPYY) Announces Exclusive License And Option Agreement With Natrogen For Development Of Natura-Alpha For Inflammatory Bowel Disease
12/19/2013 9:55:25 AM
OSAKA, Japan & DEERFIELD, Ill. & NEW YORK--(BUSINESS WIRE)--Takeda Pharmaceutical Company Limited (“Takeda”) and Natrogen Therapeutics International, Inc. (“Natrogen”) jointly announced today an agreement whereby Takeda will acquire an exclusive license to develop Natrogen’s Natura-alpha compound as well as an option to acquire Natrogen. Natura-alpha is a synthetic small molecule oral compound that is believed to inhibit pro-inflammatory cytokine expression, which may help to reduce gastrointestinal inflammation. Natura-alpha is currently in Phase 2 development for the treatment of ulcerative colitis (UC).
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