Astellas and Cullgen to develop small molecule protein degraders
Pharmaceutical Technology
JUNE 15, 2023
Japan-based Astellas Pharma has entered a partnership with Cullgen to discover and develop multiple targeted protein degraders through the latter’s proprietary uSMITE targeted protein degradation platform, in a deal potentially worth $1.9bn. Astellas could pay Cullgen up to $85m upon using its license option regarding the deal.
Let's personalize your content