Stanford (Calif.) University and Takeda Pharmaceuticals entered into a research-based partnership.
Here's what you should know:
1. Takeda will take Stanford's discoveries and accelerate them into treatments.
2. Through the partnership, Stanford will be able to license out the products for further development. Some Takeda researchers will participate in ongoing research projects.
3. Stanford will retain all intellectual property.
4. Chaitan Khosla, director of Stanford ChEM-H (Chemistry, Engineering, and Medicine for Human Health), will oversee the program. She said in a release, "Stanford [Alliance for Innovative Medicines'] purpose is to accelerate the translation of Stanford’s cutting-edge discoveries into real treatments for human disease."