Alchemedicine Entered into an Exclusive License Agreement with Asahi Kasei Pharma for Endothelin A Receptor Antagonist to Treat Chronic Kidney Disease
Shots:
- Alchemedicine to receive ~$5.35B up front & is eligible to receive development, regulatory & commercial milestones along with royalty. The companies collaborated to develop & commercialize Alchemedicine’s selective Endothelin A receptor antagonist which is currently in the preclinical stage
- Kasei Pharma obtains an exclusive right globally to develop and commercialize selective Endothelin A receptor antagonist
- The selective endothelin A receptor antagonist is a small molecule that was developed from Alchemedicine’s HiSAP1 platform for a variety of difficult-to-control refractory diseases incl. CKD & demonstrated potent inhibition & high selectivity as well as exceptional efficacy in animal models of CKD
Ref: Asahi Kasei Pharma | Image: Alchemedicine
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