Chugai Pharmaceutical Acquires Renalys Pharma in $200M Deal for IgAN Asset Sparsentan
Chugai Pharmaceutical, a subsidiary of Roche, has announced a significant move in the rare kidney disease space with the acquisition of Tokyo-based Renalys Pharma for up to 31 billion yen ($202 million). The deal centers around the rights to sparsentan, a promising treatment for IgA nephropathy (IgAN), in Japan, South Korea, and Taiwan.