I. MODIFIED AGREEMENTS | |||
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Biotech Co.* (Country; Symbol) |
Pharma Co. (Country) |
Change from original agreement |
Terms/Details (Date) |
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AnorMED Inc. (Canada; TSE:AOM) |
Shire Pharmaceuticals Group plc |
Expanded agreement under which Shire gets worldwide rights to Fosrenol for all human and veterinary uses |
AnorMED is getting $180,000 up front and would get royalties on sales; the product is lanthanum carbonate, for high phosphate levels (1/13) |
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BioCryst Pharmaceuticals Inc. (BCRX) |
Johnson & Johnson |
BioCryst transferred rights to compounds from their October 1996 collaboration on drugs affecting the complement system to J&J unit 3-Dimensional Pharmaceuticals Inc. |
The deal was ended in October 2003; BioCryst will get an initial payment and would get royalties on sales; specific terms were not disclosed (12/23) |
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Biotique Systems* |
Berlex Biosciences Integration System |
Expanded deal under which all Schering AG companies get access to the Biotique Local |
The subscription runs three years and expands a deal with Berlex, a unit of Schering; terms were not disclosed (1/19) |
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Comgenex Inc.* (Hungary) |
Bayer AG (Germany) |
Companies renewed their exclusive chemistry collaboration for sixth straight year |
Comgenex will focus on improving properties of compound libraries; terms were not disclosed (11/25) |
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Compugen Ltd. (Israel; CGEN) |
Abbott Laboratories |
Extended deal under which Abbott uses Compugen technology for identification of drug targets across multiple therapeutic areas |
Abbott will receive several updates of Compugen's Genecarta genome, transcriptome and proteome database; terms were not disclosed (2/18) |
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Cortex Pharmaceuticals Inc. (AMEX:COR) |
Les Laboratoires Servier (France) |
Companies extended December 2000 research collaboration for two years in the area of Ampakine compounds |
Cortex will get $4.3M in support over the two years, and support would continue until either wants to end the agreement (1/20) |
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Discovery Partners International Inc. (DPII) |
Allergan Inc. |
Companies expanded R&D relationship by entering lead-finding collaboration |
Deal centers on enzyme and GPCR targets in ophthalmology and neurology; terms were not disclosed (12/4) |
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Entelos Inc.* |
Johnson & Johnson Pharmaceutical Research and Development LLC |
Expanded collaboration to include target validation, lead optimization and clinical development in obesity |
Companies are members of the Diabetes Research Forum; terms of the deal were not disclosed (12/9) |
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Genedata AG* (Switzerland) |
Schering AG (Germany) |
Schering extended its license for Expressionist, the Genedata computational system for large- scale gene expression analysis |
They have been partners since 1999; terms of the deal were not disclosed (1/14) |
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Gene Logic Inc. (GLGC) |
Sumitomo Pharmaceuticals Co. Ltd. (Japan) |
Sumitomo renewed its deal to use Gene Logic's information services for three years |
Sumitomo retains access to the BioExpress database and has limited rights to the newer Ascenta System; terms were not disclosed (1/8) |
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GeneProt Inc.* (Switzerland) |
Novartis Pharma AG (Switzerland) |
Amended October 2000 deal to accelerate delivery of proteins to Novartis |
GeneProt will will continue to use its large- scale proteomics platform in the effort; terms were not disclosed (2/5) |
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Human Genome Sciences Inc. (HGSI) |
Pfizer Inc. |
Pfizer licensed nonexclusive rights to develop products based on gene sequences from Staphylococcus aureus |
The agreement amends a 1996 deal HGS signed with Pharmacia & Upjohn Inc., now part of Pfizer Inc.; Pfizer is making a onetime payment and is relieved of any other obligation under the deal (12/18) |
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Ligand Pharmaceuticals Inc. (LGND) |
TAP Pharmaceutical Products Inc. |
One-year extension of deal focused on selective androgen receptor modulators |
The collaboration began in 2001; specific terms of the the extension were not disclosed (12/22) |
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Metabolex Inc.* |
Pfizer Inc. |
Companies extended by one year their collaboration for developing drugs for Type II diabetes |
Metabolex gets research funding and would get royalties on sales; terms were not disclosed; the deal dates back to 1998 (1/21) |
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Myriad Genetics Inc. (MYGN) |
Abbott Laboratories |
Expanded alliance to include a broad new pharmacogenetics program, focused on identifying genetic variations around drug targets in development |
Abbott will fund research and own resulting findings; Myriad has first rights on personalized products for reference labs (1/7) |
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Neurion Pharmaceuticals Inc.* |
Pfizer Inc. |
Deal to renew and expand December 2002 agreement through 2004 |
The work includes modeling of drug binding to the HERG potassium ion channel and evaluation of Pfizer compounds using Neurion's NP2 technology; Neurion will get research funding (1/8) |
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NitroMed Inc. (NTMD) |
Boston Scientific Corp. |
Extended collaboration on development of nitric oxide- coated stents |
NitroMed received $3M as the deal was extended through 2005 and could get milestone and royalty payments (1/8) |
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Peptech Ltd. (Australia; ASX:PTD) |
Abbott Laboratories |
Companies resolved a dispute by renegotiating royalty rate on Humira |
The deal still needed final approval; terms were not disclosed (12/24) |
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Stressgen Biotechnologies Corp. (Canada; TSE:SSB) |
F. Hoffmann-La Roche Ltd. (Switzerland) |
Restructured deal to develop heat-shock proteins by adding indications and expanding the scope of the deal |
The potential value of payments to Stressgene increased $13M to $227M; it also gets rights to record certain sales revenues (12/2) |
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Structural GenomiX Inc.* |
Eli Lilly and Co. |
Expanded agreement to provide Lilly long-term access to the SGX synchrotron beamline facility to support drug discovery |
SGX will generate crystal structure data on Lilly drug targets and compounds, and get up-front fees and annual operating costs; specific terms were not disclosed (1/15) |
Sunesis Pharmaceuticals Inc.* |
Johnson & Johnson Pharmaceutical Research & Development LLC |
Companies extended for one year their collaboration on small-molecule enzyme inhibitors for chronic diseases |
Sunesis gets research funding and could get additional R&D milestones, as well as royalties on sales; specific terms were not disclosed (1/15) |
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Symyx Technologies Inc. (SMMX) |
Merck & Co. Inc. |
Symyx will develop and deliver a workflow system in the area of biocatalysis |
It is the the fifth Symyx Discovery Tool purchased by Merck; terms of the deal were not disclosed (1/15) |
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Third Wave Technologies Inc. (TWTI) |
BML Inc. (Japan) |
Extended partnership for at least one year on molecular diagnostic tests for infectious diseases, genetic testing and pharmacogenomics |
The deal, using Third Wave's Invader technology, began in December 2000; terms were not disclosed (1/8) |
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Tripos Inc. (TRPS) |
Pfizer Inc. |
Amended deal under which Tripos will reduce file enrichment activities, but do new work in the areas of hit follow-up and large library production |
The changes are expected to result in a 10% reduction in the contract's value, which was valued at up to $100M over four years when signed in January 2002 (1/29) |
II. TERMINATED AGREEMENTS | |||
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Cambridge Antibody Technology Group plc (UK; LSE:CAT) |
Elan Corp. plc (Ireland) |
CAT exercised its right to terminate the three-year-old collaboration focused on research on multiple targets |
Ending the exclusive deal allows CAT the opportunity to collaborate with others in the fields of neurology and pain (2/9) |
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Celltech Goup plc (UK; LSE:CCH) |
Pfizer Inc. |
Celltech regained full rights to CDP 870, a pegylated anti-TNF-alpha antibody fragment |
Celltech refused to make requested changes to the March 2001 collaboration; Celltech is deciding on development and partnership plans (12/1) |
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Debiopharm SA* (Switzerland) |
Pfizer Inc. |
Trelstar one- and three-month formulation of luteinizing hormone-releasing hormone or prostate cancer |
Debiopharm reacquired rights to the products, which are approved by the FDA; Debiopharm plans to find another partner (12/2) |
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PPL Therapeutics plc (UK; LSE:PTH) |
AstraZeneca plc (UK) |
Ended deal on recombinant bile salt stimulated lipase |
Following termination PPl sold the assets to Swedish company Arexis AB for about $280,000 in cash (2/11) |
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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. | |||
AMEX = American Stock Exchange; ASX = Australian Stock Exchange; FSE = Frankfurt Stock Exchange; LSE = London Stock Exchange; TSE = Toronto Stock Exchange. | |||
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