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Eisai and SFJ Pharma form partnership

Eisai has agreed a partnership with US-based SFJ Pharma in a bid to speed up development of its pipeline

Eisai has entered into a collaborative development agreement with SFJ Pharma, a wholly-owned subsidiary of SFJ Pharmaceuticals, in an effort to further accelerate the late-stage clinical development of its pipeline.

Eisai said the deal will effectively leverage internal resources, as well as build a new partnership scheme. Under the scheme, Eisai will accept funding from external parties to conduct phase III studies for promising new drug candidates in order to push forward with numerous development programmes simultaneously and as quickly as possible.

The Japanese pharmaceutical company has entered into a collaborative development agreement with SFJ to conduct phase III studies with E7080 (lenvatinib) in thyroid cancer. These late-stage studies will be conducted by Eisai and wholly funded by SFJ, with Eisai paying SFJ milestone payments if E7080 obtains regulatory approval. If the compound is approved, all commercial rights shall remain with Eisai.

Eisai has previously established a strategic collaboration with Quintiles, through which it has been advancing multiple candidate anticancer compounds for proof of concept studies.

7th September 2011

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