Termination of Mogamulizumab Licensing Agreement with Amgen

On April 17, 2014 Kyowa Hakko Kirin reported that KHK and Amgen will terminate their licensing agreement in relation to mogamulizumab (Press release Kyowa Hakko Kirin, APR 17, 2014, View Source [SID:1234500438]).
Under the licensing agreement entered into on March 6, 2008, Amgen was granted exclusive rights to develop and commercialize Kyowa Hakko Kirin’s humanized monoclonal antibody mogamulizumab in all non-oncology indications worldwide, except in Japan, China, Korea and Taiwan.
After entering into the agreement, Amgen conducted clinical trials aimed at patients with asthma. Kyowa Hakko Kirin has completed a Phase 1 clinical trial in healthy Japanese adults, and will determine its future development policy after carefully considering the outcome of the Phase 1 results.