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Friday, May 16, 2008

Astellas and CoMentis : Agreement to Collaborate on the Research, Development and Commercialization of Beta-Secretase Inhibitors

April 25, 2008Astellas Pharma, Inc. and CoMentis, Inc. announced today that the companies have entered into an exclusive worldwide collaboration agreement to develop and commercialize products from CoMentis’ beta-secretase inhibitor program, including CoMentis’ lead candidate compound CTS-21166, an orally bioavailable, small-molecule beta-secretase inhibitor which is being developed as a disease-modifying treatment for Alzheimer’s disease. The agreement also includes a research collaboration to develop additional beta-secretase inhibitors... CoMentis' Press Release - [PDF] Astellas Pharma's Press Release -