→ About two years after Biogen $BIIB walked away from Mitsubishi Tanabe Pharma‘s MT-1303 (amiselimod), the Japanese drugmaker has joined forces with Bausch Health’s Salix Pharmaceuticals to develop the late-stage oral compound, which targets the sphingosine 1-phosphate (S1P) receptor that is understood to play a role in autoimmune diseases, such as IBD and ulcerative colitis. Financial details of the deal were not disclosed.
→ While the biopharma world struggles to keep new antibiotic makers afloat, two drug developers are forging a pact to develop inhibitors against two “historically difficult-to-drug, unexploited antibiotic targets.” Forge Therapeutics and Switzerland’s Basilea Pharmaceutica have inked a research collaboration and license agreement to discover, develop, and commercialize fresh antibiotic classes, using Forge’s BLACKSMITH platform.
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