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Tutela Pharmaceuticals Inc. has executed an Exclusive License Agreement with Astellas Pharma Inc. for worldwide rights to FK1706, an FKBP (FK506 binding protein) ligand, for the treatment, prevention, or palliation of any human diseases or disorders. This license will allow Tutela to expedite the development of FK1706 for treatment of coronavirus infections in combination with virus-targeted antivirals. Astellas had previously studied the use of FK1706 in clinical trials for the potential treatment of neuropathy.
Tutela’s PCT patent application entitled “Methods of treating coronavirus infections by co-administering an FKBP ligand and an antiviral agent” was published on February 17, 2022.