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Biohaven Ltd. Enters Collaboration and License Agreement with Ono Pharmaceutical

Oct 15, 2026

Contract Type

licensing

United StatesBiotechnologyHealth CareTherapeutics

Description

Biohaven Ltd. has signed a Collaboration and License Agreement with Ono Pharmaceutical Co., Ltd. to develop and commercialize its MoDE™ pan IgG degrader portfolio in select Asian markets. The agreement includes an upfront payment of $80 million and a further $20 million upon milestone achievement

Company Information

Company

Biohaven

Location

United States

About

Biohaven is a commercial-stage biopharmaceutical company with a portfolio of innovative, best-in-class therapies to improve the lives of patients with debilitating neurological and neuropsychiatric diseases, including rare disorders. Biohaven’s Neuroinnovation™ portfolio includes FDA-approved NURTEC® ODT (rimegepant) for the acute and preventive treatment of migraine (EMA-approved as Vydura® for the acute treatment of migraine with or without aura, and prophylaxis of episodic migraine in adults who have at least four migraine attacks per month) and a broad pipeline of late-stage product candidates across five distinct mechanistic platforms: CGRP receptor antagonism for the acute and preventive treatment of migraine; glutamate modulation for obsessive-compulsive disorder, and spinocerebellar ataxia; myeloperoxidase (MPO) inhibition for amyotrophic lateral sclerosis; Kv7 ion channel activators for focal epilepsy and neuronal hyperexcitability, and myostatin inhibition for neuromuscular diseases. More information about Biohaven is available at www.biohavenpharma.com and NURTEC® ODT at www.nurtec.com.