Otsuka Gets Discovery Platform, PKU Asset In $1.3bn Jnana Acquisition

Major Japanese firm picks up US drug discovery platform company Jnana in apparent bid to strengthen discovery capabilities and build its mid-stage R&D presence in the renal area. 

Otsuka's obtains JNT-517 by the $1.1bn-worth acquisition of Janna.
Otsuka paying up to $1.3bn for US discovery platform company Jnana • Source: Shutterstock

Otsuka Pharmaceutical Co. Ltd. is paying up to $1.3bn for private US-based drug discovery specialist Jnana Therapeutics Inc., in a deal that will give the Japanese major access to platform technology and phenylketonuria asset it sees as complementing its existing portfolio and earlier acquisitions.

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