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Fuji Pharma, JCR Pharmaceuticals Dissolve Partnership in Renal Anemia Drug Development.


Tokyo, Japan, Nov 14, 2005 - (JCNN JCNN Japan Corporate News Network ) - Fuji Pharma has agreed with JCR JCR Journal Citation Reports
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 Pharmaceuticals to terminate their joint development contract for JR-013, a drug candidate for treating renal anemia anemia (ənē`mēə), condition in which the concentration of hemoglobin in the circulating blood is below normal. Such a condition is caused by a deficient number of erythrocytes (red blood cells), an abnormally low level of hemoglobin . Since November 2004, the two companies have collaborated in R&D for the candidate.

However, the two companies have disagreed on the direction of development, future budget plans and related rights.

Fuji Pharma will halt the development of JR-013. Meanwhile, JCR Pharmaceuticals will conduct clinical trials as originally planned with a view to forming a partnership with other companies.

Source: JCN JCN Japan Corporate News
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Publication:JCNN News Summaries
Date:Nov 16, 2005
Words:103
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