Subject category:
Strategy and General Management
Published by:
Amity Research Centers
Length: 13 pages
Data source: Published sources
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https://casecent.re/p/193466
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Abstract
In July 2023, Japanese pharma major Astellas Pharma Inc (Astellas) joined forces with another Japanese company PeptiDream Inc (PeptiDream) in the form of a partnership and license agreement aiming to discover new targeted protein degraders. As agreed, Astellas would have the option of selecting certain additional disease targets on top of its responsibility to develop and commercialise products that would result from the collaboration. The partnership would see PeptiDream's Peptide Discovery Platform System (PDPS) technology merge with the drug discovery capabilities of Astellas to enhance the discovery of several next-generation protein degraders hitting diverse targets going beyond existing technologies. While both the companies were quite upbeat about joining forces, drug discovery itself happened to be fraught with diverse challenges. Would the collaboration succeed in drug discovery business surmounting all those challenges?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2023.Geographical setting
Region:
World/global
Featured companies
Astellas Pharma Inc
Employees:
10000+
Type:
Public company
PeptiDream Inc
Employees:
501-1000
Type:
Public company
Featured protagonists
- Naoki Okamura, (male), President and CEO, Astellas
- Patrick C Reid (male), President and CEO, PeptiDream
About
Abstract
In July 2023, Japanese pharma major Astellas Pharma Inc (Astellas) joined forces with another Japanese company PeptiDream Inc (PeptiDream) in the form of a partnership and license agreement aiming to discover new targeted protein degraders. As agreed, Astellas would have the option of selecting certain additional disease targets on top of its responsibility to develop and commercialise products that would result from the collaboration. The partnership would see PeptiDream's Peptide Discovery Platform System (PDPS) technology merge with the drug discovery capabilities of Astellas to enhance the discovery of several next-generation protein degraders hitting diverse targets going beyond existing technologies. While both the companies were quite upbeat about joining forces, drug discovery itself happened to be fraught with diverse challenges. Would the collaboration succeed in drug discovery business surmounting all those challenges?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2023.Geographical setting
Region:
World/global
Featured companies
Astellas Pharma Inc
Employees:
10000+
Type:
Public company
PeptiDream Inc
Employees:
501-1000
Type:
Public company
Featured protagonists
- Naoki Okamura, (male), President and CEO, Astellas
- Patrick C Reid (male), President and CEO, PeptiDream