Swiss pharma major Roche (ROG: SIX), Japanese pharma company Meiji Seika (TYO: 2269) and private biotech company Fedora have entered into a license agreement to develop and commercialize OP0595.
OP0595 is a beta-lactase inhibitor currently in Phase I clinical development. Roche will obtain worldwide rights from both companies for development and commercialization, except for in Japan, where Meiji will retain sole commercialization rights.
The combination of OP0595 with a beta-lactam antibiotic targets severe infections caused by Enterobacteriaceae, including multi-drug-resistant strains.
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