Pharma Deals Review, Vol 2018, No 12 (2018)

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Astellas Exercises Option to Acquire Potenza Therapeutics

Michelle Liu

Abstract


Exercising an option as part of a 2015 collaboration, Astellas Pharma has acquired Potenza Therapeutics in a deal worth potentially up to US$404.7 M. It gives Astellas access to three immuno-oncology therapies developed under the original agreement: Phase I assets PTZ-201, an immune checkpoint inhibitor, PTZ-329, a T-regulatory cell inhibitor, and PTZ-522, a GITR agonistic antibody that recently gained IND clearance from the US FDA.

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