Japan’s Sosei Group Corp., which is spending up to $400 million to buy U.K.-based biotech Heptares Therapeutics Ltd., says it has thereby identified its future path to growth, using the target’s StaR drug design to create novel drugs and progressing Heptares’s own early assets that target G protein-coupled receptors (GPCRs).
Founded in 1990, Sosei has been searching for a way to diversify beyond its secured revenue stream in milestones and royalties from Novartis AG for two COPD lung products...
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