Form 4 PORTOLA PHARMACEUTICALS For: Jan 27 Filed by: Lis William

Go back to Form 4 PORTOLA PHARMACEUTICALS For: Jan 27 Filed by: Lis William

Portola Pharma (PTLA) Enters Licensing Agreements for Investigational Agent Andexanet in Japan (BMY) (PFE)

February 1, 2016 6:56 AM EST

Portola Pharmaceuticals (Nasdaq: PTLA), announced that it has licensed lead development and commercial rights to its investigational agent andexanet alfa in Japan to Bristol-Myers Squibb Company and Pfizer Inc. to be developed as an antidote for apixaban and other Factor Xa inhibitors. Separately, Portola has entered into a clinical collaboration agreement with Bayer HealthCare to include its Factor Xa inhibitor rivaroxaban in this clinical development program in Japan.

Three oral Factor Xa inhibitors are currently on the market in Japan Bristol-Myers Squibb and Pfizers apixaban, Bayer HealthCares rivaroxaban, and Daiichi Sankyos... More