Astellas to pay Aquinox $25M upfront for regional rights to phase 3 inflammatory pain drug

Astellas to pay Aquinox $25M upfront for regional rights to phase 3 inflammatory pain drug

Source: 
Fierce Biotech
snippet: 

Astellas is paying Aquinox Pharmaceuticals $25 million upfront for regional rights to rosiptor. The deal gives Astellas the right to develop the phase 3 SHIP1 activator in Japan and certain other nations in Asia.