foxnews : declared in Takeda and NY biotech Ovid ink rare drug development pact

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daily : 2017-01-18 & on time : 13:28


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4-year-old who was deemed 'lazy' finds hope in new drug that treats rare disease


4-year-old who was deemed 'lazy' finds hope in new drug that treats rare disease
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A new drug is offering hope for the family of a little girl whose genetic defect causes mobility issues similar to that of polio and amyotrophic lateral sclerosis (ALS).Four-year-old Lexi Pacini, of Colorado Springs, was diagnosed with type 2 spinal muscular atrophy (SMA) as a toddler.The rare disease is marked by the absence of a gene that codes protein signals from motor neurons to muscles, and it leads muscles to weaken to the point of atrophy.
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Takeda and NY biotech Ovid ink rare drug development pact


Takeda and NY biotech Ovid ink rare drug development pact
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Takeda, pushing on with its R&D metamorphoses, has signed a research deal and collab with New York's private biotech Ovid that will see the small company work on the Japanese pharma's new candidate for a rare form of childhood epilepsy.The deal is a little different that the usual pact; instead of Takeda buying into a promising med from Ovid, it is Ovid who will help out on the Osaka-based company's TAK-935, a selective CH24H inhibitor, in rare pediatric epilepsies.The med has already been under a phase 1 test through Takeda, and is now set to move into phase 1b/2a trials in rare epileptic encephalopathies.
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Ovid Therapeutics partners with Takeda on rare epilepsy drug


Ovid Therapeutics partners with Takeda on rare epilepsy drug
image uploaded by "businessinsider" site
In drug development, the typical trajectory for a small biotech company is to develop a drug, then find a big-pharma partner to help fund trials and get the drug onto the market if it gets approved.But a partnership announced today is bucking that trend.Japan's Takeda Pharmaceuticals is teaming up with New York-based biotech company Ovid Therapeutics to co-develop TAK-935, a drug meant to treat rare epilepsy disorders in children.
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