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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, 2008 – Astellas 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 -