Arena Signs a Multi-Year Agreement with Beacon Discovery to Develop Therapies for Immune and Inflammatory Diseases
Arena Pharmaceutical Licenses Exclusive Worldwide Rights of Ralinepag (APD811) to United Therapeutics for $1.2B
Shots:
- Beacon will take care of drug discovery activities while Arena will focus on development and commercialization of products for multiple immune and inflammatory diseases
- The focus of the agreement is to develop therapies for G protein-coupled receptor (GPCR) targets and further expanding the footprints in autoimmune diseases
- Arena has a pipeline of three candidates APD418, Olorinab, and Etrasimod. Etrasimod is a qd, PO, selective sphingosine 1-phosphate (S1P) receptor modulator targeted for multiple immune-mediated inflammatory diseases including UC, Crohn’s disease, and atopic dermatitis
Click here to read full press release/ article | Ref: Arena | Image: Twitter