Taisho Pharmaceutical secures exclusive rights to clinically develop, register, and commercialize Kaigene's next-generation FcRn inhibitor, KG006, in Japan.
Kaigene will receive a $5 million upfront payment and is eligible for up to a combined total of $22 million and ¥57.5 billion JPY (approximately $351 million) in development, regulatory, and sales milestone payments, plus tiered royalties on net sales.
The agreement is expected to establish a robust framework for a three-way multi-regional c