Tai­ho kicks off $130M Ar­cus deal with drug op­tion; J&J al­lies with Mer­ck KGaA to take di­a­betes drug to Chi­na

→ Japan’s Tai­ho Phar­ma has de­cid­ed to go for an op­tion to de­vel­op and com­mer­cial­ize an adeno­sine re­cep­tor an­tag­o­nist pro­gram from Ar­cus Bio­sciences $RCUS, trig­ger­ing …

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