Metabolex will collaborate with TSF on the evaluation and validation of protein targets for the development of biological products. Metabolex will provide novel protein targets discovered through the use of Metabolex’s target discovery technologies. Financial terms of the collaboration were not disclosed.

Harold Van Wart, Ph.D., President and Chief Executive Officer of Metabolex said “We are very excited about this partnership with TSF, Takeda’s center of excellence for antibody research. The collaboration brings together Metabolex’s expertise in diabetes and metabolic disease targets with TSF’s deep strength in antibody drug discovery and non-clinical development.”

Metabolex is a privately-held biopharmaceutical company focused on the discovery and development of proprietary new medicines for the treatment of metabolic diseases, with an emphasis on type 2 diabetes. The company has four clinical-stage compounds: MBX-102/JNJ 39659100, which has completed three Phase 2 trials; MBX-2044, which has completed a Phase 2a trial; MBX-8025, which recently completed a Phase 2 trial in patients with dyslipidemia; and MBX-2982, which recently completed its third Phase 1 trial. Ortho-McNeil, Inc. has the exclusive right to develop and commercialize MBX-102/JNJ 39659100.

For additional information about Metabolex and its development pipeline, visit www.metabolex.com.