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Astellas and Drais, through new virtual firm Tacurion, develop ASP7035

Executive Summary

Once again, Astellas Pharma Inc. and Drais Pharmaceuticals Inc. (clinical-stage drug development) have signed an agreement for the development and commercialization of an Astellas compound, this time the Phase IIa-ready vasopressin V2 receptor selective agonist ASP7035 for nocturia (waking up at night to urinate). Astellas will transfer ownership of the compound to Tacurion Pharma Inc., a virtual company to be operated by Drais’ executive team.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • R&D and Marketing (Licensing)
    • Reverse Licensing

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