
Japanese drug major Astellas Pharma (TYO: 4503) saw its shares gain 2.44% to 1,699 yen today, after it revealed it had entered into an exclusive, worldwide (excluding China) option and license agreement for US biotech Juventas Therapeutics’ lead product candidate, JVS-100.
JVS-100 is a non-viral gene therapy that expresses stromal cell-derived factor-1 (SDF-1), a naturally occurring signaling protein that activates the endogenous tissue repair pathways.
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