Pharma Deals Review, Vol 2022, No 7 (2022)

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Generian and Mitobridge Form Alliance to Develop Novel Small Molecules for Undruggable Targets

Swati Sharan

Abstract


Generian and Mitobridge, an Astellas company, have entered into a collaboration and license agreement to discover and develop small molecules for undruggable therapeutic targets. The deal, which involves an undisclosed upfront payment and up to US$180 M in milestone payments, will leverage Generian’s proprietary drug discovery platformfor diseases that have limited treatment options. The deal follows a flurry of deals from Astellas as the big pharma attempts to strengthen its portfolio following recent pipeline setbacks.

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