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Peninsula Pharmaceuticals, Inc. and Takeda Chemical Industries, Ltd. Announce North-American, European and Pan-Pacific Collaboration for TAK-599 Anti-MRSA Cephalosporin Antibiotic.

Publication: PR Newswire
Publication Date: 30-SEP-03
Format: Online - approximately 533 words
Delivery: Immediate Online Access

Article Excerpt
ALAMEDA, Calif. and OSAKA, Japan, Sept. 30 /PRNewswire/ -- Peninsula Pharmaceuticals, Inc. and Takeda Chemical Industries, Ltd. (Osaka, Japan) announced today they have reached a licensing agreement for TAK-599, a broad-spectrum antibiotic currently being readied for clinical trials. Peninsula has obtained exclusive rights, including sublicense rights, to develop and market TAK-599 in all territories outside Japan; Takeda will manufacture the product for worldwide distribution. Financial terms of the agreement were not disclosed.

TAK-599 is the newest member of the...

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