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              Takeda Pharmaceutical

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              Neurocrine Biosciences and Takeda Announce Collaboration to Develop and Commercialize Potential Therapies for Psychiatric Disorders

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              Lead Product(s): TAK-831

              Therapeutic Area: Psychiatry/Psychology Product Name: TAK-831

              Highest Development Status: Phase II Product Type: Small molecule

              Partner/Sponsor/Collaborator: Neurocrine Biosciences

              Deal Size: $2,015.0 million Upfront Cash: $120.0 million

              Deal Type: Licensing Agreement June 16, 2020

              Details:

              Under the terms of the agreement, Takeda granted an exclusive license to Neurocrine Biosciences for seven pipeline programs, including three clinical stage assets for schizophrenia, treatment-resistant depression and anhedonia.

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