Pfizer lands schizophrenia drug in $22M deal
Japan's Taisho has granted all commercial rights to its preclinical schizophrenia drug outside of Japan to Pfizer for $22 million up front. TS-032 is an mGluR agonist, which promises to influence the transmission of substances in the brain that is associated with schizophrenia. Taisho is an experienced player in the psychiatric drugs market. The Japanese company also stands to gain unspecified milestone payments for the drug.
- see this release
- read the AP report
Related Articles:
Lilly bows out of diabetes deal with Taisho. Report
New therapy found for schizophrenia. Report
Be the first to comment
Comments
Post new comment
Paid Research Reports
- RNA therapy: the next big thing after monoclonal antibodies?
- Biotech M&A Strategies: Deal assessments, trends and future prospects
- The Dermatology Market Outlook to 2013: Competitive landscape, pipeline analysis and growth opportunities
- Pipeline Insight: Cancer Overview - Breast, Gynecological, Genitourinary - Diverse drugs approaching the market for many tumor t
- Sales Force Effectiveness
