Ascendis signs license agreement with Japanese pharma company

In addition to an upfront payment of USD 70m, the agreement with Japanese Teijin Limited includes milestone payments of up to USD 175m and double-digit sales percentages.

Ascendis Pharma's headquarters in Northern Copenhagen | Photo: Ascendis Pharma / Pr

by ALBERT RØNNING-ANDERSSON

Danish biotech company Ascendis Pharma has announced that it has entered into a partnership with Japanese Teijin Limited, giving the latter the right to further develop and commercialize Ascendis Pharma’s three pipeline hopes within rare endocrinological diseases in the Japanese market.

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