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A pair of GPCR deals for Q1

Heptares inks agreements with Daiichi Sankyo and University of Cambridge centered on GPCRs
Written byKelsey Kaustinen
| 3 min read

LONDON—The first quarter of the year hadn’t closed before Heptares Therapeutics, a wholly owned subsidiary of Sosei Group Corp., announced two deals focused on G protein-coupled receptors (GPCRs), a superfamily of 375 receptors that are implicated in a variety of diseases.

The first such deal was signed with Daiichi Sankyo. Per the terms of the agreement, Daiichi Sankyo will gain exclusive global rights for the development, manufacture and commercialization of Heptares-discovered novel small molecules, for which it will pay $4 million in an upfront payment and approximately $8 million in research funding. Heptares also stands to receive additional research, development and commercialization-based milestone payments as well as royalties on net sales of products resulting from the agreement.

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