Poxel/Sumitomo's Novel Diabetes Therapy Imeglimin Nears Japan Market
A Phase III-Ready Partnering Opportunity For EU/US
• By John Davis
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Poxel’s potential first-in-class diabetes therapy, imeglimin, could be approved in Japan this year, and a new partner is being sought for the EU and US – events that would transform the outlook for the decade-old Merck Serono spin-out.
The metabolic diseases company, Poxel SA, expects its novel antidiabetic, imeglimin, will be approved in Japan this year, through partner Sumitomo Dainippon Pharma Co., Ltd., and also believes the candidate is a Phase III-ready opportunity for a potential partner to develop for the US and EU.
The product is available as the previous EU/US licensee Metavant Sciences Inc said in November 2020 it would not...
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