Takeda Goes In On Molecular Glue Degraders With Degron Deal

 
• By Jessica Merrill
  
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The company will pay $1.2bn in upfront and milestone fees to access Degron’s GlueXplorer platform across multiple therapeutic areas.

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Takeda signed a molecular glue degrader deal • Source: Shutterstock

Takeda Pharmaceutical Co. Ltd. is the latest in a string of pharmaceutical manufacturers investing in molecular glue degraders through dealmaking. The company announced a collaboration with Shanghai-based Degron Therapeutics on 23 May to discover and develop novel molecular glue degraders (MGDs) for multiple targets across oncology, neuroscience and inflammation.

Key Takeaways

  • Takeda is joining a hot area of pharma dealmaking, molecular glue degraders, a class of protein degraders.

Takeda will pay $1.2bn in upfront and milestone fees to access Degron’s GlueXplorer platform to identify and validate MGDs for...

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