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Monday, March 2, 2015

Athersys and Chugai Enter License Agreement and Collaboration to...

Regenerative Medicine Partnership Focused on Development of Novel Stem Cell Therapy CLEVELAND and TOKYO, March 2, 2015 -- Athersys, Inc. and Chugai Pharmaceutical Co., Ltd. have announced a partnership and license agreement to exclusively develop and commercialize MultiStem cell therapy for ischemic stroke in Japan. Ischemic stroke represents a priority disease area in Japan, given the high healthcare burden of the condition and the expected increase in incidence associated with Japan's aging population.

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