Biogen Acquires License to Mitsubishi Tanabe Pharma’s Compound for Autoimmune Disorders, IBD

Biogen Acquires License to Mitsubishi Tanabe Pharma’s Compound for Autoimmune Disorders, IBD
One of the oldest independent biotechnology companies, focused on discovering and developing worldwide innovative therapies for the treatment of neurodegenerative diseases, hematologic conditions and autoimmune disorders, Biogen Idec, has just announced it has entered an exclusive licensing agreement with Mitsubishi Tanabe Pharma Corporation (MTPC) for MT-1303, a late stage experimental, oral compound with potential application in several autoimmune indications.

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