Xenon and Takeda Announce Agreement To Develop and Commercialize XEN401 for Pain in Japan and Certain Asian Countries.

PR Newswire | October 2, 2006 | Copyright

Xenon to Receive Up to $75.5 Million in Upfront, Development and Sales Milestone Payments, and Takeda to Purchase $5 Million in Xenon Stock

VANCOUVER, British Columbia and OSAKA, Japan, Oct. 2 /PRNewswire/ -- Xenon Pharmaceuticals Inc. (Xenon) and Takeda Pharmaceutical Company Limited (Takeda) today announced that the companies have entered into an exclusive agreement to develop and commercialize oral formulations of Xenon's lead product for pain, XEN401, in Japan and certain Asian countries. XEN401 is currently in preclinical development.

Under terms of ...

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