Kissei Pharmaceutical (TYO:4547) has signed a sub-licensing deal with Tai Tien Pharmaceuticals for the development and commercialization of Tavalisse (fostamatinib disodium hexahydrate) in Taiwan, according to a Tuesday filing on the Tokyo Stock Exchange.
Tai Tien will receive commercialization rights, while Kissei will supply the product and receive upfront and milestone payments.
The oral SYK inhibitor, approved in multiple regions, treats chronic idiopathic thrombocytopenic purpura (ITP).