Otsuka Pharmaceutical Co. Ltd. has teamed up Seattle, US-based biotech Shape Therapeutics, Inc. (ShapeTX) to further expand its R&D capabilities related to gene therapies for eye disorders. The up to $1.5bn deal for the Japanese firm follows multiple other cell and gene therapy-related collaborations in recent years, including with Takara Bio Inc. and Berkeley Lights Inc. to build out its pipeline.
Otsuka Expands Ocular Gene Therapy Interests Through ShapeTX Deal
R&D-Focused Collaboration
Otsuka steps into the ocular gene therapy field through a technology licensing deal worth up to $1.5bn with ShapeTX, which in turn further expands the US firm's global reach following a $3bn collaboration with Roche.
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