I. MODIFIED AGREEMENTS | |||
Biotech Co.* |
Pharma Co. |
Change from original |
Terms/Details (Date) |
Acambis plc |
Novartis AG |
Novartis agreed to pay $19M to settle a dispute related to the Arilvax yellow fever vaccine |
Acambis had accused Chiron Corp., since acquired by Novartis, of non-performance under their 1999 agreement; Acambis has U.S. rights to the product, and gained an exclusive worldwide option under the new deal (9/12) |
Enzo |
Sigma-Aldrich Corp. |
They settled a lawsuit filed by Enzo related to labeled nucleotide technology |
Terms were not disclosed; Enzo has similar patent infringement lawsuits pending with several other companies (9/19) |
ImClone |
Merck KGaA (Germany) |
They amended deal from 1998 covering Erbitux and certain other work in the field of EGFR-targeted antibodies |
ImClone consented to Merck's sublicense of certain anti-EGFR antibody rights to Takeda Pharmaceutical Co.; ImClone gets |7.5M for that deal; also, its Erbitux royalties on sales outside the U.S. and Canada were increased to 9% (7/20) |
I. TERMINATED AGREEMENTS | |||
IDEA AG* |
McNeil Consumer & Specialty Pharmaceuticals (unit of Johnson & Johnson) |
IDEA reacquired North American rights to IDEA-033, giving it worldwide rights to the analgesic product |
McNeil licensed rights to the product in 2003; terms of the reacquisition were not disclosed (8/2) |
PDL |
Hoffmann- La Roche Inc. |
Roche ended its involvement in the development of daclizumab for asthma, a deal started in 2004 |
The companies continue a deal to develop the product in transplant indications; PDL regained all rights in asthma (8/30) |
Speedel AG |
Abbott Laboratories |
Abbott declined to exercise its license-back option for SPP200 |
Speedel retains all rights to the product, a long-acting direct thrombin inhibitor that has completed Phase II trials (8/16) |
Symbollon |
Gardent Pharmaceuticals Inc. (formerly Bioaccelerate Holdings Inc.) |
They terminated worldwide deal covering use of IoGen for treating pain and tenderness associated with fibrocystic breast disease |
Gardent was to have funded Phase III trials; Symbollon regained all rights to the product (8/24) |
Notes: | |||
# The information in the chart does not cover agreements between biotech companies or agricultural agreements. | |||
* Private companies are indicated with an asterisk. | |||
Unless otherwise noted, stock symbols listed are on the Nasdaq market. | |||
NYSE = New York Stock Exchange; OTC BB = Over-the-Counter Bulletin Board; SWX = Swiss Stock Exchange. | |||
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