Ar­cus scores $305M re­gion­al de­vel­op­ment pact with Tai­ho; Shire, Sh­iono­gi tout PhI­II AD­HD study

⇨ Ter­ry Rosen’s Ar­cus Bio­sciences has scored a $35 mil­lion de­vel­op­ment deal with Tai­ho in ex­change for re­gion­al rights to its can­cer im­munother­a­pies. Hay­ward, CA-based Ar­cus gets the $35 mil­lion in cash spread out over three years, with an­oth­er $275 mil­lion in mile­stones laid out for suc­cess­ful work. Tai­ho’s op­tion for Asia is stretched out over five years.

Shire and its part­ner in Japan, Sh­iono­gi, say their Phase III study of In­tu­niv (guan­facine hy­drochlo­ride pro­longed re­lease) in adult pa­tients with at­ten­tion deficit hy­per­ac­tiv­i­ty dis­or­der (AD­HD) in Japan has racked up pos­i­tive topline re­sults, meet­ing the pri­ma­ry end­point.

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