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MediciNova, Inc.

Drug Names(s): Ozemozotan, MKC-242

Description: MN-305 is a highly-selective full agonist at the serotonin 5-HT1A receptor.

Deal Structure: MediciNova and Mitsubishi Tanabe
MediciNova acquired a license to MN-305 from Mitsubishi Pharma Corporation for global markets, with the exception of Japan and other selected Asian countries. The data acquired from Mitsubishi includes extensive preclinical and clinical safety results, including that from full carcinogenicity testing in rodents.

In October 2007, Mitsubishi Tanabe Pharma Corporation was formed by the merger of Tanabe Seiyaku Co., Ltd. and Mitsubishi Pharma Corporation.

As of May 2014, Mitsubishi Tanabe's pipeline indicates that the licensing agreement involving MKC-242 has been terminated. We assume this refers to the agreement between MediciNova and Mitsubishi Tanabe.

Partners: Mitsubishi Tanabe Pharma Corporation

MN-305 News

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