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Dainippon, SanBio Call Time On Stroke Cell Therapy Alliance

SanBio To Press On Despite Trial Failure

 
• By Ian Haydock

Japanese companies agree to discontinue regenerative cell therapy pact after high-profile Phase II failure, but SanBio will move ahead with development and Dainippon will hold onto ex-partner stake for now.

Broken deal
SanBio Considers Options After End Of Cell Therapy Deal • Source: Shutterstock

Sumitomo Dainippon Pharma Co. Ltd. (SDP) and Japanese bioventure SanBio Co. Ltd. have decided to end their alliance for the joint development of SB623, a mesenchymal stem cell (MSC)-based therapy for stroke, which earlier this year missed its primary efficacy endpoint in a US Phase IIb trial.

The failure in the ischemic stroke study, announced unexpectedly in late January, caught investors by surprise and rocked the entire...

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