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University of Tokyo
Drug Names(s): TAK-070
Description: TAK-070 is a non-peptidic lipophilic BACE inhibitor that inhibits secretion of Aß40/42 and stimulates sAPPa production.
Takeda and University of Tokyo Hospital
Takeda finalized a contract to transfer TAK-070, which was previously developed by Takeda as a potential treatment of Alzheimer-type dementia, to the National University Corporation, The University of Tokyo. Based on the contract, Takeda shall receive an upfront payment and a certain rate of royalty from the sales generated through the University of Tokyo, if TAK-070 is commercialized. No other economic conditions are disclosed.
Partners: Takeda Pharmaceutical Company Ltd
Pink Sheet Weekly Trademark Review Nov. 8, 2016
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