Ovid currently has several ongoing corporate partnerships:
In January 2017, Takeda and Ovid began an innovative clinical development and commercialization collaboration partnership to develop soticlestat/TAK-935, a highly selective first-in-class CH24H inhibitor with the potential to reduce seizure susceptibility and improve seizure control in rare developmental and epileptic encephalopathies (DEE). As part of this agreement, Ovid lead clinical development activities including the Phase 2 ELEKTRA study in children with Dravet syndrome and Lennox-Gastaut syndrome.
As of March 2021, a new agreement was announced that Takeda has entered into an exclusive agreement under which Takeda will secure global rights at closing from Ovid to develop and commercialize the investigational medicine soticlestat (TAK-935) for the treatment of developmental and epileptic encephalopathies, including Dravet syndrome (DS) and Lennox-Gastaut syndrome (LGS). The original 2017 collaboration between Ovid and Takeda has concluded, and Ovid will have no further development or milestone obligations with regards to soticlestat/TAK-935.
Read Ovid press release »
Read Takeda press release »