Wayfinder and Daiichi develop RNA-approach to neurodegeneration
US biotech Wayfinder Biosciences has entered a research collaboration with Japanese drugmaker Daiichi Sankyo (TYO: 4568) to develop small molecule therapies targeting RNA in neurodegenerative diseases.
The deal centers on a new program directed at a key target in neurodegeneration, leveraging Wayfinder’s platform designed to identify potent and selective RNA-binding compounds. These molecules aim to block the harmful effects of disease-related genes by binding to their RNA transcripts, a strategy that opens up previously "undruggable" targets.
The financial terms of the agreement were not disclosed.
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