Volume 85 Issue 27 | p. 11 | Concentrates
Issue Date: July 2, 2007

Roche Partners With Toyama

Department: Business

Roche and Japan's Toyama Chemical will pursue the development and commercialization of Toyama's new oral rheumatoid arthritis compound T-5224 as well as possible backup drug candidates. Early-stage clinical trials are testing the ability of T-5224 to block a key inflammatory process leading to arthritis symptoms and progressive joint and bone destruction. In exchange for worldwide rights outside Japan, Roche has committed to paying up-front and potential milestone fees that could total $370 million. Beyond retaining product rights in its home country, Toyama will receive royalties on any sales of the drug by Roche.

 
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