Takeda partners with UK pharmaceutical company for rare disease development — 3 insights

Takeda partnered with Evox Therapeutics in a deal worth $882 million to develop up to five rare disease programs, Pharmaphorum reports.

Advertisement

What you should know:

1. Takeda provided Evox with $44 million upfront.

2. Evox will develop protein replacement and mRNA therapies that will use Oxford University’s exosome delivery platform. The company is currently developing a candidate for Niemann-Pick disease type C and a second undisclosed program, and it could develop up to three more rare disease candidates through the partnership.

3. Takeda will gain rights to any therapies Evox develops, taking them over at the clinical development stage.

More articles on surgery centers:
21 ASCs with coronavirus restrictions or closures
How gastroenterology practices are responding to COVID-19
How COVID-19 has affected Tenet, HCA Healthcare and Surgery Partners’ shares

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Unlocking Structural Heart Capacity: How Leading Programs Use EMR and Data to Improve Patient Flow and Throughput

Wednesday, August 19
11:00 AM - 12:00 PM CDT

Presenters: Katie Kennedy, MSN, APRN, NP-C, Community Heart and VascularMisty Theriot, BSN, RN, CPHQ, FACC, Lake Charles Memorial Health SystemKatie Worthington, DNP, RN, Atlantic Health SystemTaryn Shipley, MBA, CSSBB, Lean HealthTech

Advertisement

Next Up in GI & Endoscopy

Advertisement

Comments are closed.