| Company* (Country; Symbol) |
Company (Country; Symbol) |
Type/Product Area | Terms/Details (Date) |
| I. MODIFIED AGREEMENTS | |||
| Archemix Corp.* | NascaCell Technologies AG (Germany; BE:N7C) | Expanded alliance on the use and development of aptamers, a new generation of biomolecules | NascaCell receives nonexclusive rights to uses of aptamers for target validation, mode-of-action studies, drug discovery and aptamer structure-based drug design (2/12) |
| BioMarin Pharmaceutical Inc. (BMRN) | Genzyme Corp. (GENZ) | Redone joint venture regarding Aldurazyme (laronidase) for mucopolysaccharidosis I | The revised structure calls for BioMarin to receive a tiered royalty ranging from about 39.5% to 50% of worldwide net sales, instead of the two firms sharing all costs and profits equally through the 50/50 joint venture (1/4) |
| Callisto Pharmaceuticals Inc. (AMEX:KAL) | Genzyme Corp. (GENZ) | Restructured license agreement for Atiprimod to treat advanced carcinoid cancer | The restructured agreement eliminates all milestone payments and reduces royalties owed to Genzyme to single digits; in return, Callisto is paying an up-front fee this year (1/7) |
| GTC Biotherapeutics Inc. (GTCB) | LFB Biotechnologies* (subsidiary of LFB SA; France) | Expanded collaboration to develop recombinant plasma proteins and monoclonal antibodies using GTC's transgenic production platform | Both companies will share costs and profits, with LFB funding a $500,000 license fee payment due to ProGenetics LLC in the second quarter of 2008; GTC will get North American rights while LFB receives European and Japanese rights (1/10) |
| ExonHit Therapeutics SA (France; PK:EXHTF) | bioMerieux SA(France; PARIS:BIM) | Amended cancer diagnostics partnership | The new agreement gives ExonHit commercial rights to diagnostic kit development through the alliance and allows bioMerieux greater flexibility to start new research and development projects in that field (1/9) |
| MethylGene Inc. (Canada; TSX:MYG) | EnVivo Pharmaceuticals* | MethylGene exercised its right to opt out of further funding in its collaboration with EnVivo | EnVivo will continue to research and develop histone deacetylase inhibitors for neurodegenerative disorders such as Huntington's, Alzheimer's and Parkinson's disease under license from MethylGene; MethylGene will receive royalties on net sales on any approved product, as well as a share of any sublicense income from future partnerships (2/6) |
| Novozymes (UK; LSE:NVZ) | Upperton Ltd.* (UK) | Extended collaboration for commercial exploitation of the jointly owned rP-nano technology | Upperton will use rP-nano to generate nanoparticles from recombinant proteins expressed in Novozymes' yeast-based expression system (2/20) |
| Nutra Pharma Corp. (OTC BB: NPHC) | NanoLogix Inc. (PK:NNLX) | Expanded licensing agreement to include intellectual property for the use of testing the environment for non-tuberculosis mycobacterium | Further terms were not disclosed (12/27) |
| II. TERMINATED AGREEMENTS | |||
| Altus Pharmaceuticals Inc. (ALTU) | Genentech Inc. (NYSE:DNA) | Terminated agreement in which Genentech gave back the North American rights to the once-weekly, subcutaneous human growth hormone ALTU-238 | The decision was made due to business issues, not scientific development issues (12/20) |
| Osiris Therapeutics Inc. (OSIR) | Boston Scientific Corp. (NYSE:BSX) | Terminated agreement for Prochymal for cardiovascular indications | Osiris regained all rights to its stem cell technology, in exchange for relieving Boston Scientific of a $50M loan obligation and $45M in development payments; Osiris agreed to repay a $5M debt, plus accrued interest in four quarterly installments (1/7) |
| Notes: * Private companies are indicated with an asterisk. Unless otherwise noted, stock symbols listed are on the Nasdaq market. AMEX = American Stock Exchange; BE = Berlin Stock Exchange; LSE = London Stock Exchange; NYSE = New York Stock Exchange; OTC BB = Over-the-Counter Bulletin Board; PK = Pink Sheets; TSX = Toronto Stock Exchange. | |||
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