I. MODIFIED AGREEMENTS | |||
Biotech Co.* |
Pharma Co. (Country) |
Change from original agreement |
Terms/Details (Date) |
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Angiotech Pharmaceuticals |
Baxter Healthcare Corp. |
Expanded alliance giving Baxter the right to manufacture CoSeal and Adhibit |
In February, Angiotech gave Baxter worldwide sales, marketing and distribution rights for CoSeal and Adhibit (4/21) |
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Cytos |
Novartis Pharma AG (Switzerland) |
Extended research and licensing option agreement for vaccines for allergy, rheumatoid arthritis and chronic nervous system disorders |
Terms of the extension were not disclosed; the agreement began in October 2001 (4/28) |
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Hemispherx Biopharma Inc. (AMEX:HEB) |
Integrated Commercial Systems |
Expanded agreement for the distribution of Alferon N injection in North America |
Further details were not disclosed (4/22) |
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Ligand Pharmaceuticals |
Eli Lilly and Co. |
Extended collaboration to develop peroxisome proliferation activated receptor modulators for Type II diabetes, cardiovascular disorders and possibly other metabolic diseases |
The deal originally was signed in 1997 (5/9) |
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Pyrosequencing |
Corbett Research Pty. Ltd. (Australia) of thermocycling and sample preparation products |
Extended distribution agreement for Corbett's line |
The agreement covers Germany, France and Scandinavia (4/10) |
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The Medicines |
AstraZeneca plc (UK) |
Exercised option giving The Medicines Co. exclusive worldwide rights, except for Japan, to clevidipine |
It will develop the product in perioperative hypertension Phase III trials (5/19) |
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Vicuron Pharmaceuticals |
Novartis AG (Switzerland) |
Extended oral antibacterial collaboration |
The collaboration is extended for two years; it is focused on a new antibiotic class for community-based market peptide deformylase inhibitors (3/27) |
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II. TERMINATED AGREEMENTS | |||
Applied Genetics Inc. Dermatics* |
Elan Corp. plc (Ireland) |
Terminated agreement for T4N5 Liposome Lotion |
Applied Genetics regained all rights with the termination of the Dimericine Development Corp. joint venture with Elan; Elan sold its portion of the partnership, but remains a shareholder of Applied Genetics (4/16) |
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Curis Inc. |
Elan Corp. plc (Ireland) |
Terminated joint venture for neurological disorder compounds |
Curis gained Elan's 19.9% interest in the venture in exchange for a percentage of income derived from the sale or licensing of certain neurological disorder compounds; Elan exchanged its Curis preferred stock for about 2.9M common shares in Curis (5/16) |
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Inex Pharmaceuticals Corp. (Canada; TSE:IEX) |
Elan Corp. plc (Ireland) |
Terminated agreement for Onco TCS |
Inex regained full owndership of the anti-cancer drug by reacquiring the 19.9% equity interest held by Elan; Inex also retains a fully paid-up license to Elan's intellectual property related to Onco TCS (4/3) |
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Ribozyme Pharmaceuticals |
Elan Corp. plc (Ireland) |
Terminated joint venture in breast cancer |
Elan will transfer its 19.9% interest in Medizyme Pharmaceuticals Ltd., which was established for the development of Herzyme, to RPI in exchange for a portion of any future license fees, development revenues and royalties on commercial sales of Herzyme (4/11) |
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Zealand Pharma A/S* (Denmark) |
Elan Corp. plc (Ireland) |
Terminated Betacure joint venture to advance ZP10 |
Zealand regains full commercial rights to ZP10; Elan will receive a royalty on future revenues from ZP10, and remains a share- holder in Zealand (3/27) |
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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; FSE = Frankfurt Stock Exchange; SSE = Stockholm Stock Exchange; TSE = Toronto Stock Exchange | |||
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