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IMS Company Profiles - Report Buyer

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<strong>IMS</strong> COM PANY PRO FILES TAKEDA<br />

<strong>Company</strong>/Organization Date Area of<br />

Collaboration<br />

Array BioPharma 2004 Diabetes and<br />

hypertension<br />

Terms of Agreement<br />

The companies will utilize the US firm’s<br />

technologies to develop improved<br />

candidate drugs based on compounds<br />

discovered by Takeda. The Japanese firm<br />

will own the intellectual property<br />

associated with the modified agents and<br />

will pay Array compensation linked to the<br />

latter’s contributions, as well as a fixed<br />

percentage of sales for any drug that<br />

enters the market.<br />

Ligand Pharmaceuticals 2004 Drug development Under the terms of the agreement, Ligand<br />

provided notice to TAP of its intention to<br />

exercise its option to select within 90 days<br />

one compound and a backup for<br />

development. TAP retains an option to<br />

negotiate to co-develop and co-promote<br />

compounds with Ligand up to the end of<br />

phase II. Ligand earned a $1 million<br />

milestone payment from TAP as a result.<br />

Ligand announced an extension of the<br />

collaboration in December 2004 through<br />

to June 2006.<br />

University of Tokyo 2004 Drug<br />

development/disease<br />

prevention<br />

Lectus Therapeutics 2004 Small-molecule ion<br />

channels<br />

Takeda joined a medical consortium<br />

(including Tanabe, AnGes MG, and<br />

Terumo) project which aims to provide a<br />

base and incubation facilities for research<br />

into new drugs, disease prevention, and<br />

health-related services. Terms of the deal<br />

were undisclosed at the time of writing.<br />

Takeda Research Investment is funding<br />

Lectus’ drug discovery and development<br />

programs. Specific terms and conditions of<br />

the deal were undisclosed at the time of<br />

writing.<br />

Innogenetics 2004 Alzheimer’s disease Innogenetics licensed patents rights to<br />

Takeda’s beta-amyloid antibodies for<br />

research and diagnostic use. Financial<br />

terms of the deal were undisclosed at the<br />

time of writing.<br />

© 2009 <strong>IMS</strong> Health In cor po rated or its af fil i ates Page 102

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