Take­da, Fra­zier cre­ate Phath­om Phar­ma­ceu­ti­cals to spur de­vel­op­ment of GI drug vono­prazan in $140M play

With four­teen gas­troen­terol­o­gy as­sets in its pipeline, Take­da $TAK has its hands full. The com­pa­ny — new­ly merged with Shire — is thus farm­ing out the ex-Japan de­vel­op­ment of its acid-fight­er Vono­prazan to a com­pa­ny it has cre­at­ed with the ven­ture part­ners at Fra­zier: Phath­om Phar­ma­ceu­ti­cals.

Vono­prazan is a P-CAB — a class of drugs that blocks the potas­si­um-bind­ing site of gas­tric hy­dro­gen potas­si­um AT­Pase (al­so known as the pro­ton pump), which is the en­zyme large­ly re­spon­si­ble for acid­i­fi­ca­tion of the stom­ach — dis­cov­ered and de­vel­oped by Take­da. The drug — which is de­signed to over­come many of the per­ceived weak­ness­es of tra­di­tion­al pro­ton pump in­hibitor ther­a­py (such as short half-life, re­quir­ing 3–5 cy­cles of ad­min­is­tra­tion be­fore achiev­ing full ef­fect) — was ap­proved in 2015 by Japan­ese reg­u­la­tors for var­i­ous GI con­di­tions in­clud­ing gas­tric and duo­de­nal ul­cers as well as H. py­lori in­fec­tions.

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