Mitsubishi Seeks To Revoke Kolon Gene Therapy Deal But Damage Limited?

 
• By Jung Won Shin
  
Generate a summary of this article
Listen to this article
Beta

Mitsubish Tanabe has sought to cancel the license agreement for Kolon Life Science's Invossa, clouding the South Korean firm’s global ambitions for the allogeneic cell mediated gene therapy. However, analysts don’t anticipate a big hit for Kolon even if the deal falls through given that the cancellation demand is not linked to Invossa’s efficacy.

Film x-ray knee joint with arthritis

Mitsubishi Tanabe Pharma Corp. has notified Kolon Life Science Inc. seeking to cancel its license agreement for Kolon's allogeneic cell mediated gene therapy for degenerative osteoarthritis, Invossa. Mitsubishi’s move is seen as a setback for Kolon and its US subsidiary TissueGene Inc. which are on track to global commercialization of Invossa following its recent launch in South Korea.

Late last year, Kolon Life granted Mitsubishi Tanabe exclusive rights to develop and commercialize Invossa in Japan in a deal...

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

SpotifyApple PodcastsWebsite

More from Business

Test Roche Head Of Pharma Strategy Karsten Jung On Rebuilding The Portfolio

 
• By Jessica Merrill

The Swiss pharma company is rebalancing the portfolio, emphasizing best-in-class drugs and moving into new areas like cardiovascular and metabolic disease.

Quick Listen: Scrip’s Five Must-Know Things

 
• By Reed Miller

In this week's episode: Trump’s UK drug pricing win; Novo explains semaglutide Alzheimer's rationale; J&J and Novartis on this year’s biggest M&A deals; a look at the mixed performance of CAR-Ts; and Akeso’s goals beyond ivonescimab.

Article Without An Author Listed

Here is a short description.

Spotlight On RDCs, AOCs As Leading Novel Bioconjugates[Updated]

Pipelines in bioconjugates continue to develop, from ADCs to XDCs, with radionuclide drug conjugates (RDCs) and antibody-oligonucleotide conjugates (AOCs) leading the expansion.

More from Scrip

EHA: Lilly’s Jaypirca Posts First Phase III Triplet Win In CLL While BTK Degraders Advance

Lilly's first Phase III triplet win opens the door to a label expansion in BTK-pretreated CLL, with analysts suggesting Jaypica could attain blockbuster status. However, the window to capitalize may be brief as next-generation BTK degraders close in with head-to-head trials.

EHA: Lilly’s Jaypirca Posts First Phase III Triplet Win In CLL While BTK Degraders Advance - Clone

Lilly's first Phase III triplet win opens the door to a label expansion in BTK-pretreated CLL, with analysts suggesting Jaypica could attain blockbuster status. However, the window to capitalize may be brief as next-generation BTK degraders close in with head-to-head trials.