I. MODIFIED AGREEMENTS | |||
Biotech Co.* |
Pharma Co. |
Change from original |
Terms/Details (Date) |
ChemDiv Inc.* |
Merck KGaA(Germany) |
Renewed an expanded agreement for ChemDiv toserve as a provider ofdiscovery libraries of lead-like small molecules through2009 |
The companies signed the original dealthree years ago (2/14) |
Critical |
Beckman CoulterInc. |
Exercised option to continuelicensing patent rights forHigh Mobility Group Box 1technology to develop animmunoassay to detect anddiagnose inflammatorydiseases |
Beckman Coulter paid an unspecifiedproduct development fee and has agreedto begin formal product development ofan HMGB1 diagnostic; Critical Therapeuticsis entitled to a milestone payment androyalties (2/13) |
Entelos Inc. |
NV Organon(the Netherlands) |
Extended a two-year rheumatoid arthritis collab-oration with NV Organon |
The partners have collaborated since 2001to develop the Entelos Rheumatoid Arthritis PhysioLab platform; financial terms werenot disclosed (2/20) |
Genfit |
Sanofi-Aventis(France) |
Renewed agreement forthe pharmacological charac-terization of Sanofi's drugcandidates and the selectionof those that best act on aninnovative target involvedin metabolic and inflammatory mechanisms |
The agreement was originally signed in 1999 (2/27) |
Genfit |
Solvay(Belgium) |
Renewed agreement tofocus on compounds selected that act on a completelynew target |
Solvay is due to start a Phase I trial of thefirst product; the collaboration, first signedin 2002, was created to identify and develop new selective nuclear receptor modulators playing a key role in the metabolismof lipoproteins and the formation ofatherosclerosis (2/27) |
Halozyme |
BaxterHealthcareCorp. |
Expanded alliance givingBaxter additional rights touse Hylenex with two ofits small-molecule drugs |
Halozyme gets an up-front payment of $10M, a $20M equity investment at apremium, $10M in prepaid royalties, andup to $25M in regulatory and commercialmilestone payments (2/14) |
Idera |
Novartis AG Switzerland) |
Extended research agreement to develop Toll-likereceptor 9 agonists totreat asthma and allergy |
The agreement, signed in June 2005, isextended for one year (3/6) |
Ingenuity |
Merck & Co. Inc. |
Extended and expandedagreement for Merck'saccess to the IngenuityPathways Analysis softwarefor biological interpretationand analysis |
Financial terms were not disclosed (2/14) |
Jerini AG |
BaxterInternationalInc. |
Extended existingagreement in hemophiliato include two new drugdevelopment programsinvolving two new targets |
The initial pact was signed in 2001 andextended in 2004; Jerini is receiving anundisclosed up-front payment and researchfunding for each of the new programs andcould receive milestone and royalty payments as well (2/7)** |
Vion |
SAFC (member ofSigma-AldrichGroup) |
Extended manufacturingagreement for Vion's leadcancer drug, Cloretazine until September2009 |
Financial terms were not disclosed (3/22) |
XOMA Ltd. |
TakedaPharmaceuticalCo. Ltd. |
Expanded agreementto discover and developmonoclonal antibodytherapeutics beyond indications of immunology to the field of oncology |
The agreement followed the expirationof XOMA's agreement with Novartis AGfor oncology indications; expanding theTakeda deal into oncology ups the pre-royalty value to $230M in up-front, R&Dfunding, milestone and other payments(2/28) |
II. TERMINATED AGREEMENTS | |||
Bavarian |
GlaxoSmithKlineplc (UK) |
Terminated agreement forthe production and marketing of Imvamune, a third-generationsmallpox vaccine |
The companies originally signed the dealin 2004 (2/2) |
Maxygen |
F. Hoffmann-La Roche Ltd.(Switzerland) |
Roche is ending deal for theco-development andcommercialization ofMaxygen's preclinical-stageMAXY-VII program |
MAXY-VII is a next-generation Factor VIIprogram for acute bleeding indications;Roche's decision was based on the inabilityof the parties to establish an appropriateanimal model (12/13) |
Optimer |
ParPharmaceuticalCos. Inc. |
Terminated collaborationfocused on Difimicin (PAR-101/OPT-80) to treat Clostridiumdifficile-associated diarrhea |
Optimer regained North American rights,ending a collaboration that began in April2005; Par gets a one-time $20M paymentup front, and is eligible to receive a $5Mmilestone payment; it also would get single-digit royalties on product sales forseven years (2/27) |
Replidyne Inc. |
ForestLaboratories Inc. |
Terminated collaboration tocommercialize faropenemmedoxomil |
Replidyne regains all U.S. adult and pediatric rights; the FDA issued a non-approvable letter for four adult indications lastOctober (2/7) |
Scolr |
WyethConsumerHealthcare |
Wyeth is terminating itslicense to use Scolrtechnology in productscontaining ibuprofen |
Scolr already received $2.1M in paymentsunder the December 2005 deal; it plans tocontinue development of a 12-hour extended-release ibuprofen product (3/15) |
Trimeris Inc.(TRMS) |
F. Hoffmann-La Roche Ltd.(Switzerland) |
Roche is returning all rightsto next-generation HIVfusion inhibitors that fallunder their 2000 agreement |
Roche also is returning rights to developproducts under a 1999 deal, except thatterms for Fuzeon remained unchanged;Roche would get nominal royalties on salesof TRI-1144 from the 2000 deal; it also cancontinue research on HIV gp41 fusioninhibitor peptides, while Trimeris has anoption to co-develop those products (3/15) |
Notes: | |||
# The information in the chart does not cover agreements between biotech companies or agricultural agreements. | |||
* Private companies are indicated with an asterisk; ** Denotes the date the item ran in BioWorld International. | |||
Unless otherwise noted, stock symbols listed are on the Nasdaq market. | |||
AMEX = American Stock Exchange; BE = Berlin Stock Exchange; CSE = Copenhagen Stock Exchange; LSE = London Stock Exchange. |
To read more on related topics, click on one of the words below.