Merck-JT agreement to develop JTT-305
Merck & Co., Inc. and Japan Tobacco Inc. have entered into a worldwide licensing agreement for the development and commercialization of JTT-305, an oral osteoanabolic (bone growth stimulating) agent to be used in the treatment of osteoporosis. JTT-305 is in its investigational stage at the moment. Under the agreement, Japan Tobacco will be receiving an upfront payment, along with additional milestone payments and royalties from sales. Currently in Phase II of its clinical trial, the oral calcium sensing receptor (CaSR) antagonist is being tested in Japan for its potential to increase bone density.

The US Food and Drug Administration has expanded 