Allergan Launches Trials of Endopeptidase Drug Candidate

Syntaxin announces its partner Allergan has initiated two Phase II trials to evaluate the safety and efficacy of its re-targeted endopeptidase drug candidate.

Syntaxin, a biotechnology company developing novel biopharmaceuticals to control cell secretion, has reported that its partner, Allergan, has begun two Phase II trials to evaluate the safety and efficacy of its re-targeted endopeptidase drug candidate AGN-214868.

AGN-214868 was discovered under the partnership using Syntaxin's proprietary discovery platform.

The trials will evaluate the drug candidate in patients with post-herpetic neuralgia nd overactive bladder.

Under the agreement, Allergan will be responsible for clinical development, marketing and sales of identified drug candidates, while Syntaxin will receive milestone payments and royalties on product sales.