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Otsuka Expands Ocular Gene Therapy Interests Through ShapeTX Deal

R&D-Focused Collaboration

 
• By Lisa Takagi

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. 

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 will make an initial payment along with development, regulatory and sales milestone, the total amount of which potentially exceeds $1.5bn, plus sales royalties on any commercialized products

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