Takeda and HemoShear Therapeutics Extend Exclusive Drug Discovery Partnership in Liver Diseases

By March 20, 2019News

HemoShear Therapeutics, LLC, a privately held biotechnology company, today announced an extension of its partnership with Takeda Pharmaceutical Company Limited to discover and develop additional novel therapeutics for liver diseases, including nonalcoholic steatohepatitis (NASH).

“We are excited that Takeda recognizes our unique ability to identify novel therapeutic approaches for liver fibrosis and NASH,” said Jim Powers, HemoShear’s CEO.  “We have an incredibly strong and productive relationship with Takeda and are happy to see our science drive their decision to expand our partnership.”

Under the terms of the original agreement, HemoShear received upfront payments and R&D funding, and Takeda received exclusive access to HemoShear’s proprietary disease modeling platform to discover and develop best-in-class therapeutics for specific liver diseases.  HemoShear was eligible to receive milestone payments of potentially $470 million and royalties. Further additional financial terms related to the extension of the partnership were not disclosed.

HemoShear’s partnership with Takeda has already generated several early drug discovery therapeutic targets.  These targets were shown in the HemoShear REVEAL-Tx™ platform to inhibit biological processes associated with inflammation and fibrosis that can lead to nonalcoholic steatohepatitis (NASH), cirrhosis, and liver cancer.  Furthermore, analysis using REVEAL-Tx™ suggests that inhibition of these targets demonstrates disease responses that are superior to established mechanisms of fibrosis currently being targeted by other companies in clinical trials.

“Our partnership with HemoShear has already borne fruit and we are enthusiastic about expanding the relationship,” said Gareth Hicks, Ph.D., head of GI Drug Discovery at Takeda.  “We are planning to advance novel drug targets identified and validated by HemoShear into our discovery pipeline and look forward to bringing new therapies to the clinic.”

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