-Collaboration supports advancement of Astellas drug discovery research and Harvard biomedical research in a range of therapeutic areas-

TOKYO and CAMBRIDGE, Mass., April 28, 2020 - Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., 'Astellas') and Harvard University (President: Lawrence S. Bacow, J.D., M.P.P., Ph.D., 'Harvard') have established a three-year strategic research alliance to support multiple, multi-year research projects initiated by faculty at Harvard, focused on the research and development of innovative therapeutics and technologies of mutual interest.

The alliance will provide crucial support to future collaborative research efforts when the academic laboratories return to regular activities following the significant disruptions of the coronavirus pandemic.

Under the new alliance, Astellas will issue one or more 'challenges' based on Astellas' research scopes to inspire research proposals by Harvard faculty, a number of which will then be selected by Astellas for project funding based on strong scientific rationale and projected impact on value for patients. Projects may span a range of developmental stages, from early investigations into the biological mechanisms of disease, to the identification of possible therapeutic targets, or to the generation and validation of new therapeutic entities.

'Academic-industry collaboration is vital to the advancement of biomedical discovery and to ensure that promising new therapies are developed to their fullest potential,' said Vivian Berlin, Managing Director of Strategic Partnerships in Harvard Office of Technology Development. 'This research alliance with Astellas will not only provide important funding to Harvard labs but will also expand our scientific community of collaborators to make progress against major challenges in human health and medicine. Alliances like this spur creativity and drive rapid innovation for the benefit of patients in need.'

'We are delighted to build upon our successful collaborations with Harvard by establishing this broader strategic research alliance,' said Akihiko Iwai, Ph.D., President of Drug Discovery Research at Astellas. 'Astellas has a long-standing commitment to the Boston-area life sciences ecosystem, with a rich source of world-class institutions and talent dedicated to turning innovative science into value for patients. Through this research alliance, we aim to incorporate the latest scientific innovation into our R&D pipeline to accelerate our drug discovery efforts from early-stage through to clinical stage in areas that match with our strategic focus. '

Under the new research alliance, projects may be selected from labs across Harvard University; the request for proposals will be circulated widely, at a later date. Astellas and Harvard are determined to initiate this alliance effort to explore new collaborative research opportunities even in these challenging times.

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Astellas Pharma Inc. published this content on 28 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2020 00:07:09 UTC