AKP Takes Over Artisan To Progress ART-123

Japan's Asahi Kasei Pharma announced Nov. 22 that its acquisition of Massachusetts-based Artisan Pharma, a company it spun out in 2006.

In an effort to move a mid-stage asset forward, Japan’s Asahi Kasei Pharma Corp. (AKP) has acquired Massachusetts-based Asahi Kasei Pharma America Corp. for an undisclosed amount, taking back a company that it spun out in 2006.

The Japanese company originally created the spin-out to develop ART-123, a recombinant human thrombomodulin alpha mean to treat severe sepsis...

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