Japanese drugmaker Shionogi (TYO: 4507) has entered into a joint research agreement with French firm Cilcare for the creation of a new drug pipeline for hearing loss.
The partnership builds on a previous 400 million-euro ($450 million) option agreement last year for Cilcare's hearing loss candidates CIL001 and CIL003, with Phase IIa studies for CIL001 planned to begin in fiscal year 2025.
Cilcare is one of the world's leading companies coupling advanced non-clinical research technology with clinical know-how, and, in an option agreement with Shionogi, is advancing the development of drug candidates for hearing loss (CIL001, CIL003).
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