French drug major Sanofi-Aventis has terminated its marketing agreement with Japan's Taiho Pharmaceuticals following the results of a Phase III study.
The licensing agreement was signed in July 2006, and granted Sanofi worldwide rights to commercialize and develop the S-1 candidate, excluding in Japan and parts of Asia. The rights will now revert to Taiho.
The treatment had previously performed well in a Japanese Phase III trial as therapy for gastric cancer. The decision to terminate the accord follows the results of Phase III US trials.
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Chairman, Sanofi Aventis UK
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