| Biotech Co.** (Country) | Pharma Co. (Symbol/Country) | Type/Product Area | Amount | Terms/Details (Month) |
| Allelix Neuroscience Inc. (subsidiary of Allelix Biopharmaceuticals Inc.;Canada) | Janssen Pharmaceutica NV (Belgium; unit of Johnson & Johnson; NYSE:JNJ) | Research collaboration; use of Allelix's glycine re-uptake inhibitor technology (targets GlyT-1 gene) to develop drugs for neuropsychiatric disorders, especially schizophrenia | $6M (equity; % ND) | Allelix gets US$4M up front, US$2M as cash license fee, research funds for 2 years, milestones and royalties; Johnson & Johnson Development Corp. will buy US$2M in convertible preferred stock (already owns 1.6% stake prior to this); Janssen has option to extend agreement; Janssen has worldwide marketing rights but Allelix gets option to co-promote in Canada (prices converted at a rate of C$1.55/US$1) (11/98) |
| Angiotech Pharmaceuticals Inc. (Canada) | C.R. Bard Inc. (NYSE:BCR) | License and development agreement; use of Angiotech's paclitaxel and related compounds for perivascular treatment of restenosis associated with vascular surgery | $19.4M | Angiotech gets total of US$19.4M in up-front license fees and milestones, plus royalties; both companies will fund product development; Bard and its subsidiary IMPRA Inc. get exclusive worldwide license (prices converted at rate of C$1.55/US$1) (12/98) |
| Antigenics LLC* | Sigma-Tau (Italy) | Collaboration; clinical trials on Antigenics' heat shock protein vaccines (HSPPC-96 is in Phase II trial for melanoma and colorectal cancer) | ND | Sigma-Tau will conduct clinical trials in Italy and will provide logistical and financial support; further details ND (10/98) |
| ArQule Inc. | The R.W. Johnson | Collaboration; use of | ND | 4-year agreement; Johnson gets sub- |
| Pharmaceutical | ArQule's Mapping Array | scription to Mapping Array program for | ||
| Research Institute | program (small-molecule | which it pays annual fees; ArQule will | ||
| (unit of Johnson | compound libraries) to | deliver 1.1M compounds over 4 years; | ||
| & Johnson; | discover lead compounds | Johnson gets non-exclusive license to | ||
| NYSE:JNJ) | in various therapeutic areas | ArQule's process of designing and | ||
| manufacturing arrays; ArQule gets mile- | ||||
| stones and royalties (12/98) | ||||
| Axys Pharma- | Rhone-Poulenc | Research collaboration | $80M | 2-year collaboration, which Rhone-Pou- |
| ceuticals Inc. | Rorer Inc. (sub- | on small molecule thera- | lenc can extend for additional 2 years; | |
| sidiary of Rhone- | peutics that inhibit | Rhone-Poulenc gets exclusive rights to | ||
| Poulenc SA; | cathepsin S (cysteine | products for treating respiratory dis- | ||
| NYSE:RP; France) | protease associated with | eases, atherosclerosis and rheumatoid | ||
| inflammation), initally | arthritis; Axys gets $80M in research | |||
| for treating asthma | funds, license fees and milestones, as | |||
| well as royalties (12/98) | ||||
| BioChem Pharma | SmithKline | Rsearch collaboration on | ND | Initial period of joint development to be |
| Inc. (Canada) | Biologicals SA | BioChem's influenza | funded by both parties; companies will | |
| (Belgium; unit of | vaccine technologies, | collaborate to market products in U.S.; | ||
| SmithKline | including cell-derived | SmithKline gets exclusive license else- | ||
| Beecham plc; | injectable and nasal | where; SmithKline will manufacture for | ||
| NYSE:SBH; U.K.) | delivery technologies | markets worldwide except Canada, | ||
| (including Light-Biovector | where BioChem retains all exclusive | |||
| system licensed from | rights; BioChem gets up-front and mile- | |||
| Biovector Therapeutics SA) | stone payments (12/98) | |||
| Cambridge | Bayer Corp. (unit | Research collaboration on | $26M | Bayer responsible for all development |
| NeuroScience Inc. | of Bayer AG; | Cambridge Neuro's recom- | costs, including reimbursement of | |
| Germany) | binant glial growth factor | Cambridge Neuro's research costs; | ||
| 2 (stimulates re-myelination | Bayer gets exclusive worldwide manu- | |||
| of nerve cells) for treating | facturing and marketing rights; Cam- | |||
| neurodegenerative diseases, | bridge Neuro gets $26M in cash and | |||
| including multiple sclerosis | milestones, as well as royalties; compa- | |||
| nies have already worked together (for | ||||
| 1 year) to develop manufacturing pro- | ||||
| cess for product (12/98) | ||||
| Cell Genesys Inc. | Japan Tobacco | Collaboration on selected | $152.7M | Companies will share equally both pro- |
| Inc. (Japan) | products from Cell Gene- | duct development costs and profits; Cell | ||
| sys' GVAX cancer vaccine | Genesys gets marketing rights in North | |||
| program (gene therapy, both | America; Japan Tobacco gets rights in | |||
| autologous and allogeneic | Japan, Taiwan and Korea; companies | |||
| approaches to treating | will share equally Europe and rest of | |||
| tumor cells ex vivo with | world; Cell Genesys gets $12.7M on | |||
| granulocyte macrophage- | signing, $2.5M at 1-year anniversary, | |||
| colony stimulating factor to | $27.5M in R & D funds over 1st 3 years | |||
| stimulate immune response; | and $80M in milestones through regula- | |||
| currently in Phase I/II trials | tory approvals of 2 products; Cell Gene- | |||
| for prostate cancer, lung | sys also gets $30M loan to cover its | |||
| cancer and melanoma); | costs for Phase III trials; companies will | |||
| collaboration's initial focus | also support ongoing clinical trial in | |||
| on 2 targets (prostate cancer | Japan of GVAX for kidney cancer; if | |||
| and an unidentified target) | parties agree to proceed with develop- | |||
| ment of this product, Cell Genesys gets | ||||
| reimbursed for R & D plus other non- | ||||
| specified payments; of $152.7M total | ||||
| funds, Cell Genesys gets $45M during | ||||
| 1st 2 years (12/98) | ||||
| Chiroscience | Penwest Pharma- | Collaboration to develop | ND | 3-year agreement; both companies will |
| Group plc (U.K.) | ceuticals Co. | controlled-release oral | fund R & D and will share profits | |
| (NASDAQ:PPCO) | formulations of drug | equally; Chiroscience will perform | ||
| isomers | chemical, preclinical and clinical | |||
| development; Penwest will perform | ||||
| pharmacokinetic analysis and product | ||||
| formulation (12/98) | ||||
| Cima Labs Inc. | Organon (unit of | Development and license | ND | Cima will develop product in exchange |
| Akzo Nobel NV; | option agreement; develop- | for option and development fees; Org- | ||
| the Netherlands) | ment of OraSolv fast-dis- | anon gets license option (12/98) | ||
| solve formulation of one of | ||||
| Organon's prescription drugs | ||||
| Cistron Biotech- | Pasteur Merieux | Collaboration and option | $32.9M | Pasteur Merieux has 3-year option to |
| nology Inc. (OTC | Connaught (unit | agreement on use of | (equity; | acquire exclusive license to technology; |
| Bulletin Board:CIST) | of Rhone-Poulenc | Cistron's interleukin-1 | % ND) | Pasteur Merieux will pay $0.9M over |
| Group; NYSE:RP; | beta as adjuvant for thera- | 3 years to fund R & D; if it exercises | ||
| France) | peutic and preventative | option, Cistron gets $31M in milestones, | ||
| vaccines | plus royalties; Pasteur Merieux also | |||
| paid $1M total for 1.33M shares Cistron | ||||
| common stock and warrants to buy | ||||
| 0.67M shares at $0.25 per share (10/98) | ||||
| Compugen Ltd.* | Parke-Davis | Bioinformatics collabor- | ND | 3-year agreement; details ND (11/98) |
| (Israel) | (division of | ation; use of Compugen's | ||
| Warner-Lambert | LEAD bioinformatics | |||
| Co.; NYSE:WLA) | technology to identify | |||
| drug targets based on | ||||
| analysis of expressed | ||||
| sequence tags and genomic | ||||
| databases | ||||
| Cortech Inc. (OTC | United | Product development and | ND | Cortech gets up-front license fee of |
| Bulletin Board: | Therapeutics | license agreement on | $0.25M; United Therapeutics will fund | |
| CRTQ) | Corp.* | Cortech's elastase inhibitor | all future product development; Cortech | |
| CE-1037 for treating | gets milestones and royalties (11/98) | |||
| emphysema and other | ||||
| diseases | ||||
| CuraGen Corp. | Glaxo Wellcome | Pharmacogenomics-based | $48M | 5-year collaboration; Curagen gets |
| plc (NYSE:GLX; | collaboration; use of Cura- | $2.75M annually plus milestones and | ||
| U.K.) | Gen's GeneCalling and Seq- | royalties; CuraGen will evaluate var- | ||
| Calling technologies to eval- | ious compounds across Glaxo's thera- | |||
| uate activity of undisclosed | peutics areas and identify gene respon- | |||
| Glaxo drug candidates in pre- | ses associated with toxicity and efficacy | |||
| clinical studies in animals | (11/98) | |||
| to guide selection of drug | ||||
| candidates for human trials | ||||
| (gene expression profiling) | ||||
| Cytel Corp. | Japan Tobacco | Technology agreements on | ND | Cytel gets exclusive rights to enzymes; |
| Inc. and Marukin | 2 enzymes for use in | Japan Tobacco will supply technology | ||
| Shoyu Co. Ltd. | Cytel's carbohydrate syn- | for making particular bacterial enzyme; | ||
| (both Japan) | thesis technology | Cytel has 3-year option to evaluate and | ||
| take out exclusive worldwide license; | ||||
| Japan Tobacco retains right to use | ||||
| enzyme for its own purposes; Cytel also | ||||
| gets exclusive worldwide rights to | ||||
| Marukin's enzyme and will pay Maru- | ||||
| kin fees and royalties (10/98) | ||||
| Dendreon Corp.* | Kirin Brewery Co. | Collaboration; develop- | ND | Kirin gets exclusive marketing rights in |
| Ltd. (Japan) | ment of therapeutics based | (includes | Japan and other Asian and Oceanic | |
| on Dendreon's dendritic | equity) | countries; companies will co-commer- | ||
| cell technology; also, | cialize some products in Europe; Kirin | |||
| research agreement to | made equity investment in Dendreon | |||
| jointly develop dendritic | and will buy more equity in Dendreon's | |||
| cells as products per se | IPO; Kirin has option to license den- | |||
| dritic cell products; Dendreon gets | ||||
| signing fee, milestones and royalties; | ||||
| Dendreon gets option for exclusive | ||||
| license to products developed by Kirin | ||||
| based on technology, which it would | ||||
| market in North America (12/98) | ||||
| Diatide Inc. | Merck & Co. Inc. | License agreement on | ND | Diatide gets non-exclusive license to |
| (NYSE:MRK) | Merck's technology (not | develop, manufacture and market pro- | ||
| described) for use in | ducts covered by Merck's patent (12/98) | |||
| Diatide's pulmonary | ||||
| imaging product P748 | ||||
| (currently in Phase II | ||||
| trials for imaging pul- | ||||
| monary embolisms) | ||||
| Dura Pharma- | Eli Lilly and Co. | Collaboration; use of | ND | Dura gets up-front payment, research |
| ceuticals Inc. | (NYSE:LLY) | Dura's Spiros pulmonary | funds and milestones; Dura also gets | |
| drug delivery technology | manufacturing fees and royalties; Lilly | |||
| for insulin products | gets worldwide marketing rights (9/98) | |||
| (powder for inhalation) | ||||
| Elan Corp. plc | Medi-Ject Corp. | License agreement on | ND | Medi-Ject gets exclusive license; separ- |
| (Ireland) | (NASDAQ:MEDJ) | Elan's injectable drug | ately, Elan invested $1M in Medi-Ject | |
| delivery technology | in exchange for preferred stock and | |||
| warrants (11/98) | ||||
| Endocyte Inc.* | Rhone-Poulenc | Research collaboration; | $40M | Rhone-Poulenc Rorer gets exclusive |
| Rorer Inc. (sub- | use of Endocyte's vitamin- | license for use of folate receptors for | ||
| sidiary of Rhone- | based vector technology | delivery of oncology gene therapies; | ||
| Poulenc SA; | for systemic delivery of | it has 2-year option to expand scope of | ||
| NYSE:RP; France) | gene therapies for cancer; | license to include other vitamin-receptor | ||
| initially focus on use of | patents; Endocyte gets $40M in license | |||
| folate (folic acid) receptors | fees, R & D funding and milestones | |||
| (12/98) | ||||
| EnzyMed Inc.* | Merck & Co. Inc. | Research collaboration; | ND | EnzyMed gets up-front fee, milestones |
| (NYSE:MRK) | use of EnzyMed's combi- | and royalties; details ND (12/98) | ||
| natorial biocatalysis tech- | ||||
| nology to optimize certain | ||||
| of Merck's compounds | ||||
| Genetronics | Ethicon Inc. | Licensing and supply | $21M | Johnson & Johnson Development Corp. |
| Biomedical Ltd. | (unit of Johnson | agreement on Genetronics' | (equity; | will buy $6M in stock at market; |
| & Johnson; | electroporation for delivery | % ND) | Genetronics gets $15M up-front license | |
| NYSE:JNJ) | of chemotherapeutic drugs | fee, milestones and percent of net sales; | ||
| to solid tumors | Ethicon gets worldwide exclusive rights | |||
| to technology; Ethicon will help develop | ||||
| and test system in clinic; Ethicon will | ||||
| conduct regulatory activities worldwide | ||||
| except in Canada, where Genetronics | ||||
| retains rights (10/98) | ||||
| Genome Pharma- | Byk Gulden | Research collaboration; | $30M | 5-year collaboration; Byk Gulden will |
| ceuticals Corp. AG* | (subsidiary of | use of Genome Pharma- | fund 3 specific research projects; | |
| (Germany) | Altana AG; | ceuticals' functional | Genome Pharmaceuticals gets up- | |
| Germany) | genomics technology to | front payment and milestones for all | ||
| discover genomic targets | targets accepted by Byk Gulden; it also | |||
| for controlling infections | gets success fees on commercialization; | |||
| caused by Helicobacter | Genome Pharmaceuticals can use tar- | |||
| pylori and Chlamydia | gets not accepted by Byk Gulden as | |||
| pneumoniae | basis for other partnerships (12/98) | |||
| Genome | Hoechst Marion | License agreement on | ND | Hoechst Marion gets exclusive access to |
| Therapeutics Corp. | Roussel Inc. | Genome Therapeutics' | database; Genome Therapeutics gets | |
| (subsidiary of | microbial sequence data- | annual subscription fees and royalties | ||
| Hoechst AG; | base PathoGenome | on any small molecule products; | ||
| Germany) | Genome Therapeutics retains certain | |||
| rights for use of genes or gene products | ||||
| (10/98) | ||||
| Genset SA | Pharmacia & | Pharmacogenomics | ND | 2-year agreement; Genset gets research |
| (France) | Upjohn Inc. | collaboration; use of | fees, milestones and royalties; it also | |
| (NYSE:PNU; U.K.) | Genset's high resolution | gets royalties on 2nd-generation com- | ||
| bi-allelic marker map to | pounds based on genes identified; | |||
| identify genetic markers | financial terms ND (10/98) | |||
| in patients involved in | ||||
| clinical study of a Pharma- | ||||
| cia & Upjohn drug (i.e., | ||||
| responders and non- | ||||
| responders) | ||||
| Genzyme Molecular | Schering-Plough | License agreement on | $40M | This is separate agreement from 1/98 |
| Oncology | Corp. (NYSE:SGP) | Genzyme Molecular's | research alliance; Genzyme Molecular | |
| p53 gene therapy rights | gets $5M up-front fee and $35M in | |||
| patent, development and sales mile- | ||||
| stones, as well as royalties; Schering- | ||||
| Plough gets worldwide license on use | ||||
| of p53 gene in gene therapy products; | ||||
| Genzyme Molecular retains rights in | ||||
| areas outside gene therapy (diagnostics, | ||||
| therapeutics) (10/98) | ||||
| Hyseq Inc. | Kirin Brewery Co. | Gene discovery collabor- | $3M | Companies will co-develop and co-mar- |
| Ltd. (Japan) | ation; use of Hyseq's | ket products; Hyseq gets $3M for 1st | ||
| gene discovery platform | phase of collaboration; Hyseq retains | |||
| to target genes involved in | rights to 100% of North American pro- | |||
| cell growth regulation from | fits and will pay milestones and royal- | |||
| specific cell lines of Kirin's | ties to Kirin; Kirin has rights in Asia | |||
| and Oceania; companies will share | ||||
| profits equally from sales in Europe and | ||||
| rest of world; 2-year alliance (10/98) | ||||
| Icos Corp. | Eli Lilly and Co. | Formation of joint venture | $75M | Lilly will fund 50/50 joint venture for 1st |
| (NYSE:LLY) | to develop and market | 3 years, after which companies will con- | ||
| phosphodiesterase type 5 | tribute equally; Icos will contribute intel- | |||
| (PDE5) inhibitors as oral | lectual property and research plaform | |||
| therapeutics for male and | associated with IC 351; Icos gets $75M in | |||
| female sexual dysfunction | up-front payment and milestones; joint | |||
| (IC 351 currently in Phase | venture will market products in North | |||
| II trials for male erectile | America and Europe; Lilly will market else- | |||
| dysfunction) | where and pay royalties to Icos (10/98) | |||
| Igen International | Bristol-Myers | Rights to Igen's Origen | ND | Bristol-Myers will purchase Origen |
| Inc. | Squibb Co. | high-throughput drug dis- | system and get a pre-launch production | |
| (NYSE:BMY) | covery system (based on | model; further details ND (10/98) | ||
| electrochemiluminescence) | ||||
| Schering-Plough | Rights to Igen's Origen | ND | Schering-Plough will purchase Origen | |
| Corp. (NYSE:SGP) | high-throughput drug dis- | system and get a pre-launch production | ||
| covery system (based on | model; further details ND (11/98) | |||
| electrochemiluminescence) | ||||
| ImClone Systems | Merck KGaA | Collaboration on ImClone's | $90M | This is 2nd collaboration between |
| Inc. | (Germany) | chimeric monoclonal | (equity; | companies; Merck gets exclusive rights |
| antibody C225 (inhibits | no great- | to drug outside North America, except | ||
| epidermal growth factor | er than | in Japan, where partners will co-develop; | ||
| receptor) for treating | 19.9%) | ImClone retains rights in North America; | ||
| various solid tumors | ImClone gets $30M in up-front fees and | |||
| (about to enter Phase | early cash-based milestones, $30M in late- | |||
| III trials) | stage, equity-based milestones (but not | |||
| more than 19.9% total equity stake) and | ||||
| $30M in credit line to build commercial | ||||
| manufacturing facility; Merck will fund | ||||
| clinical development outside North | ||||
| America; ImClone will develop product | ||||
| exclusively in North America; ImClone | ||||
| gets royalties on Merck's sales (12/98) | ||||
| Incyte Pharma- | Schering-Plough | Broad genomic data | ND | Schering-Plough gets access to data |
| ceuticals Inc. | Corp. (NYSE:SGP) | collaboration; use of | from Incyte's custom and pre-fabricated | |
| Incyte's microarray tech- | DNA microarrays; Incyte gets technol- | |||
| nology and databases | ogy access and per-array fees; multi- | |||
| (including LifeSeq and | year collaboration; financial terms ND | |||
| LifeSeq FL) in Schering- | (10/98) | |||
| Plough's research programs | ||||
| Isis Pharma- | Zeneca Pharma- | Research collaboration on | $40M | 3-year collaboration; Isis will create |
| ceuticals Inc. | ceuticals (unit of | antisense-based drugs for | product candidates; companies will | |
| Zeneca Group | treating cancer; initial focus | jointly screen these for undisclosed | ||
| plc; NYSE:ZEN; | on 2 unidentified molecular | targets; Zeneca responsible for product | ||
| U.K.) | targets | development; Isis gets $40M, composed | ||
| of technology access fee, annual | ||||
| research funds and milestones, as well | ||||
| as royalties; Zeneca gets exclusive | ||||
| worldwide rights to drugs; collaboration | ||||
| is extendable into additional targets in | ||||
| cancer and other therapeutic areas | ||||
| (12/98) | ||||
| Kosan | The R.W. Johnson | Research and license | ND | Kosan gets up-front payment, multi-year |
| Biosciences Inc.* | Pharmaceutical | agreement; use of Kosan's | research funding, milestones and royal- | |
| Research Institute | combinatorial biosynthesis | ties; Johnson & Johnson companies | ||
| and Ortho-McNeil | technology to make macro- | get worldwide rights to antibacterial | ||
| Pharmaceutical | lide antibiotics (generates | products; Research Institute responsible | ||
| Inc. (both Johnson | analogues of bioactive | for product development; Ortho will | ||
| & Johnson com- | natural products via genetic- | market in U.S.; other Johnson & John- | ||
| panies; NYSE:JNJ) | ally engineered biosynthetic | son companies will market elsewhere | ||
| pathways) | (10/98) | |||
| Matrix Pharma- | Hoechst Marion | License agreement on | ND | Matrix will pay Hoechst Marion license |
| ceutical Inc. | Roussel Inc. | Hoechst Marion Roussel's | fee; milestones and royalties; Matrix | |
| (subsidiary of | anticancer agent FMdC | gets worldwide license, except in Japan | ||
| Hoechst AG; | (nucleoside analogue that | (9/98) | ||
| Germany) | inhibits DNA replication | |||
| and cell division; completed | ||||
| Phase I trials) | ||||
| Medarex Inc. | Novartis Pharma | License agreement on | $50M | Novartis licensed worldwide rights to |
| AG (Switzerland) | Medarex's HuMAb-Mouse | (equity; | use technology company-wide to make | |
| technology for making | % ND) | antibodies to unlimited number of | ||
| fully human monoclonal | targets over 10 years; Medarex gets | |||
| antibodies | technology access fees, license fees and | |||
| milestones of $50M; Medarex also gets | ||||
| royalties; Novartis made initial payment | ||||
| of $2M (in equity), and will buy $1M | ||||
| additional equity after 1 year and $3M | ||||
| in equity after 5 years (11/98) | ||||
| Medical Science | Glaxo Wellcome | Development and license | ND | ND (12/98) |
| Systems Inc. | plc (NYSE:GLX; | agreement; use of Medical | ||
| U.K.) | Science's BioFusion tech- | |||
| nology to develop computer | ||||
| model for new compound | ||||
| screening (computer-based | ||||
| simulation models of | ||||
| complex biological systems) | ||||
| MedImmune Inc. | Pasteur Merieux | License agreement; use of | ND | Pasteur Merieux gets exclusive world- |
| Connaught (unit | MedImmune's decorin- | wide rights to technology; MedImmune | ||
| of Rhone-Poulenc | binding protein technology | gets milestones and royalties; further | ||
| Group; NYSE:RP; | to develop 2nd-generation | details ND (12/98) | ||
| France) | vaccine for prevention of | |||
| Lyme disease | ||||
| Millennium Phar- | Bayer AG | Broad, genomics-based | $465M | Bayer gets access to genomics-based |
| maceuticals Inc. | (Germany) | drug discovery alliance; | (14% | targets for drug development over 5 |
| use of Millennium's tech- | equity) | years; Millennium can develop targets | ||
| nologies in genetics, geno- | not chosen by Bayer; Millennium will | |||
| mics, automation and bio- | identify and validate targets and will | |||
| informatics to supply | share responsibility with Bayer for | |||
| 225 new drug targets to | making screening assays; Bayer respon- | |||
| Bayer in areas of cardio- | sible for high-throughput screening; | |||
| vascular disease, cancer, | Millennium gets total of $465M, up to | |||
| osteoporosis, pain, liver | $368.4M of which is guaranteed fund- | |||
| fibrosis, hematology and | ing and performance fees for identified | |||
| viral infections | targets plus license fees for use of | |||
| (production-oriented | Millennium's genomics technology; the | |||
| approach to move compounds | remaining $96.6M is equity investment | |||
| from discovery to clinic) | (4.69M shares or 14% stake); Millen- | |||
| nium received $130M ($96.6M for | ||||
| equity, $33.4M unfront license fee) on | ||||
| 11/11/98; companies will share respon- | ||||
| sibility for qualifying and developing | ||||
| lead compounds; Bayer gets worldwide | ||||
| rights to market small molecule drugs | ||||
| it chooses to develop from leads; | ||||
| Millennium gets royalties; Millennium | ||||
| retains rights to use information genera- | ||||
| ted to develop therapeutics and diag- | ||||
| nostics (9/98) | ||||
| MitoKor Inc.* | Pfizer Inc. | Research collaboration; | ND | MitoKor will identify molecular targets |
| (NYSE:PFE) | identification of multiple | (includes | that will be screened for drug candi- | |
| molecular targets and drug | equity) | dates; companies will work together to | ||
| candidates (based on mito- | identify development candidates; | |||
| chondrial dysfunction) for | Pfizer will make up-front cash payment | |||
| treating neurodegenerative | and buy equity in MitoKor; MitoKor | |||
| diseases | also gets additional cash and equity on | |||
| milestones; Pfizer will fund R & D; | ||||
| specific terms ND (11/98) | ||||
| Molecular Simula- | Bayer AG | Bayer joined Molecular | ND | ND (11/98) |
| tions Inc. (wholly | (Germany) | Simulations' Polymer | ||
| owned subsidiary of | 2000 and pharmaceutical | |||
| Pharmacopeia Inc.) | development consortia | |||
| (application of compu- | ||||
| tational chemistry to | ||||
| pharmaceutical develop- | ||||
| ment and formulation) | ||||
| Molecumetics Ltd. | Choongwae | License and supply agree- | ND | 2-year agreement; Choongwae will |
| (subsidiary of | Pharma Corp. | ment on certain key chemi- | synthesize and deliver compounds to | |
| Tredegar Indus- | (South Korea) | cal intermediates for synthe- | Molecumetics; it will also perform in | |
| tries; NYSE:TG) | sis of compounds using Mo- | vitro and in vivo testing of oral tryptase | ||
| lecumetics' SMART library | inhibitors that will be jointly developed; | |||
| technology; also, research | Choongwae gets rights to inhibitors in | |||
| collaboration on oral tryptase | certain Asian countries; Molecumetics | |||
| inhibitors for treating asthma, | retains rights in all other countries | |||
| inflammatory bowel disease | (12/98) | |||
| and psoriasis | ||||
| Myriad Genetics | Monsanto Co. | Research collaboration; use | $15M | 12-15 month collaboration; Myriad gets |
| Inc. | (NYSE:MTC) | of Myriad's protein interac- | $15M total, including up-front payment, | |
| tion database ProNet to un- | option payments, license fees and mile- | |||
| derstand biochemical path- | stones; Myriad also gets royalties; | |||
| ways of major diseases (Pro- | Monsanto gets option to extend research | |||
| Net identifies human proteins | program for additional disease targets; | |||
| and links them into specific | further details ND (11/98) | |||
| pathways); initial focus on 2 | ||||
| specific diseases (undisclosed) | ||||
| Schering AG | Research collaboration; | $51M | 5-year collaboration; Myriad gets $20M | |
| (Germany) | use of Myriad's protein | up-front and option to co-promote all | ||
| interaction database ProNet | new therapeutics in North America, in | |||
| to understand biochemical | which case Myriad will get 50% of profits; | |||
| pathways of major diseases | if Myriad doesn't exercise option, it | |||
| (ProNet identifies human | gets "substantial" royalties; Myriad can | |||
| proteins and links them | exercise co-promotion option by paying | |||
| into specific pathways) | 50% of drug development costs; total | |||
| $51M to Myriad also includes license and | ||||
| subscription fees and milestones (10/98) | ||||
| Neoprobe Corp. | CIS-US Inc. (sub- | Letter of intent to license | ND | CIS will be exclusive supplier of radio- |
| sidiary of CIS- | CIS' I-125-MIBG drug | labeled drug to Neoprobe in its licensed | ||
| Biointernational; | for use in intraoperative | territory (not identified) (12/98) | ||
| France) | detection of neuroblastoma | |||
| NetGenics Inc.* | American Home | Collaboration; use of | ND | 4-year agreement; NetGenics will pro- |
| Products Corp. | NetGenics' Synergy | vide enterprise-wide infrastructure for | ||
| (NYSE:AHP) | application framework and | drug discovery within American Home's | ||
| software engineering | divisions; financial terms ND (10/98) | |||
| services to integrate and | ||||
| enhance American Home's | ||||
| bioinformatics, genomics | ||||
| and drug discovery programs | ||||
| Neurocrine | Medtronic Inc. | Clinical collaboration; evalu- | ND | Companies will collaborate to evaluate |
| Biosciences Inc. | (NYSE:MDT) | ation of Neurocrine's drug | combined system in the clinic; further | |
| NBI-3001 (interleukin-4 Pseu- | details ND (11/98) | |||
| ` | domonas exotoxin fusion | |||
| protein), delivered directly | ||||
| into brain via Medtronics' | ||||
| implantable infusion pump | ||||
| (SynchroMed) for treating | ||||
| malignant brain tumors | ||||
| Octagen Corp.* | Beaufour Ipsen | Collaboration; use of | ND | Beaufour made equity investment in |
| (France) | Octagen's 2nd-generation | (includes | Octagen and will pay up-front fee, R&D | |
| genetically engineered | equity) | funding, milestones and royalties; | ||
| Factor VIII for therapies | Beaufour gets exclusive worldwide | |||
| for hemophilia | license on any products (10/98) | |||
| Oravax Inc. (OTC | Pasteur Merieux | Co-development agree- | $23.5M | Pasteur Merieux gets exclusive world- |
| Bulletin Board: | Connaught (unit | ment on vaccine for | wide license; Oravax will develop | |
| ORVX) | of Rhone-Poulenc | Dengue fever (mosquito- | vaccine through Phase I trials, after | |
| Group; NYSE:RP; | born disease caused by | which Pasteur Merieux will take over | ||
| France) | any of 4 related viruses); | development, manufacturing, marketing | ||
| use of Oravax's Chimeri- | and sales; OraVax got initial fee of $1M | |||
| Vax platform technology | and also gets R & D funds ($6M over | |||
| that uses yellow fever 17D | next 12 months), milestones ($16.5M) | |||
| vaccine virus as vector for | and royalties; Pasteur Merieux has | |||
| genes of related viruses | option to negotiate separate agreement | |||
| to license Oravax's Japanese encephali- | ||||
| tis vaccine worldwide except Korea; in | ||||
| exchange, Pasteur Merieux will fund | ||||
| development and Phase I clinical trial | ||||
| of encephalitis vaccine (12/98) | ||||
| Oxford Asymmetry | The Ares-Serono | Combinatorial chemistry | $4.6M | 2-year agreement; Oxford will supply |
| International plc | Group | collaboration; use of | libraries for use in Ares-Serono's | |
| (LSE:OAI; U.K.) | (Switzerland) | Oxford's chemical com- | Geneva and Boston labs; Oxford gets | |
| pound libraries in Ares- | $4.6M over 2 years and additional | |||
| Serono's drug lead | payments for each product that is | |||
| discovery programs | commercialized (prices converted at | |||
| a rate of £0.59/US$1) (10/98) | ||||
| Oxford BioMedica | RPR Gencell | Collaboration and license | $17.9M | RPR Gencell gets exclusive worldwide |
| plc (AIM:OXB; U.K.) | (division of | agreement on Oxford's | (equity; | license; Oxford gets at least $1M in |
| Rhone-Poulenc | Hypoxia Response | % ND) | research funds over 1st 2 years; RPR | |
| Rorer Inc.; sub- | Element (control element | will buy 1.5M shares at $0.34 each (at | ||
| sidiary of Rhone- | that switches genes on/off | 100% premium) for $0.51M; RPR will | ||
| Poulenc SA; | in response to oxygen | buy more stock ($16.4M total at 10% | ||
| NYSE:RP; France) | levels) for use in Gencell's | premium) to pay for milestones; Ox- | ||
| cardiovascular gene | ford will develop screens for small mol- | |||
| therapy products | ecule therapeutics; Oxford also gets | |||
| royalties (prices converted at a rate of | ||||
| £0.59/US$1) (12/98) | ||||
| PathoGenesis | Bristol-Myers | License agreement on | $4M | Pathogenesis gets exclusive worldwide |
| Corp. | Squibb Co. | Bristol-Myers' antibiotic | license in exchange for initial payment | |
| (NYSE:BMY) | drug candidate (PA-1806; | of $4M; it will also pay milestones and | ||
| monobactam) for treating | royalties to Bristol-Myers (10/98) | |||
| various bacteria that cause | ||||
| chronic lung infections; to | ||||
| be delivered via inhalation | ||||
| Pangea Systems | Bristol-Myers | License agreement on | ND | ND (9/98) |
| Inc.* | Squibb Co. | Pangea's computational | ||
| (NYSE:BMY) | algorithms for clustering | |||
| and alignment of expressed | ||||
| sequence tags within large | ||||
| databases; for use in | ||||
| Bristol-Myer's genomics | ||||
| research | ||||
| Monsanto Co. | License agreement on | ND | ND (11/98) | |
| (NYSE:MTC) | Pangea's computational | |||
| algorithms for clustering | ||||
| and alignment of expressed | ||||
| sequence tags within large | ||||
| databases; for use in | ||||
| Monsanto's life sciences | ||||
| genomics research (agri- | ||||
| cultural and pharmaceutical) | ||||
| Pharmacopeia Inc. | Schering AG | Multi-target screening | $64M | Chemical optimization of active com- |
| (Germany) | agreement; use of Pharma- | pounds identified via high-throughput | ||
| copeia's multi-million | screening may be performed by either | |||
| small compound library to | company; Pharmacopeia gets $64M in | |||
| screen multiple targets | R & D payments and milestones, plus | |||
| chosen by Schering | royalties (10/98) | |||
| Schering-Plough | Research collaboration; | $60M | This is 2nd new collaboration between | |
| Corp. (NYSE:SGP) | use of Pharmacopeia's | the parties; Pharmacopeia gets $60M | ||
| combinatorial libraries | in research funds over 5 years; it also | |||
| for discovering and | gets milestones and royalties; Pharma- | |||
| optimizing lead drug | copeia will create combinatorial librar- | |||
| candidates against targets | ies for use by Schering-Plough; Pharma- | |||
| chosen by Schering-Plough | copeia will also design an entire discov- | |||
| ery program around Schering-Plough's | ||||
| targets; further details ND (11/98) | ||||
| PPD Discovery | Rhone-Poulenc | Functional genomics | $30M | 4-year agreement; Rhone-Poulenc will |
| (subsidiary of Phar- | Rorer Inc. (sub- | collaboration; use of PPD's | fund R & D; Rhone-Poulenc gets world- | |
| maceutical Product | sidiary of Rhone- | GSX System (isolates fun- | wide rights to therapeutics developed | |
| Development Inc.) | Poulenc SA; | ctional inhibitors, or gene- | from gene targets; PPD gets worldwide | |
| NYSE:RP; France) | tic suppressor elements, of | rights to diagnostic uses, including | ||
| any gene) to identify human | pharmacogenomics; PPD also gets | |||
| gene targets in oncology, | rights to develop therapeutics for targets | |||
| inflammation, cardiovascular | not chosen by Rhone-Poulenc, on which | |||
| diseases and central nervous | Rhone-Poulenc has 1st option on | |||
| system disorders | license; Rhone-Poulenc gets non-exclu- | |||
| sive license to GSX technology; PPD | ||||
| and Rhone-Poulenc will pay each other | ||||
| milestones and royalties on each other's | ||||
| products; PPD gets $20-$30M if targets | ||||
| in 2 of 4 therapeutic areas are identified | ||||
| and validated (12/98) | ||||
| Proteome Sciences | Rhone-Poulenc | Research collaboration; | ND | 2-year agreement; Rhone-Poulenc |
| plc (AIM:PRM; U.K.) | Rorer Inc. (sub- | use of proteomics to | Rorer will fund research and retains all | |
| sidiary of Rhone- | identify differentially | rights to therapeutic uses for heart | ||
| Poulenc SA; | regulated proteins in failing | disease and heart failure; Proteome | ||
| NYSE:RP; France) | myocardium (cardiovascular | retains all rights to diagnostics; Proto- | ||
| disease) | ome and Harefield Hospital (U.K.) get | |||
| royalties for therapeutics (9/98) | ||||
| Sangamo Bio- | Bayer Corp. | Research collaboration; | ND | Bayer gets specific GeneTools to evalu- |
| Sciences Inc.* | (unit of Bayer AG; | use of Sangamo's Universal | ate; companies may enter into broader | |
| Germany) | GeneTools (rationally | agreement; details ND (12/98) | ||
| designed zinc finger DNA | ||||
| recognition proteins that | ||||
| selectively recognize and | ||||
| regulate any target gene or | ||||
| DNA sequence) to identify | ||||
| and validate gene targets | ||||
| for drug discovery | ||||
| Pfizer Inc. | Research collaboration; | ND | Pfizer will provide funding in exchange | |
| (NYSE:PFE) | use of Sangamo's Universal | for use of Sangamo's technology; | ||
| GeneTools (rationally | financial terms ND (9/98) | |||
| designed zinc finger DNA | ||||
| recognition proteins that | ||||
| selectively recognize and | ||||
| regulate any target gene or | ||||
| DNA sequence) to validate | ||||
| gene targets for drug discovery | ||||
| SmithKline | Research collaboration; | ND | ND (10/98) | |
| Beecham plc | use of Sangamo's Universal | |||
| (NYSE:SBH; U.K.) | GeneTools (rationally | |||
| designed zinc finger DNA | ||||
| recognition proteins that | ||||
| selectively recognize and | ||||
| regulate any target gene or | ||||
| DNA sequence) in Smith- | ||||
| Kline's transgenic mouse | ||||
| systems for validating gene | ||||
| targets | ||||
| Zeneca Pharma- | Research collaboration; | ND | Zeneca will provide funding to San- | |
| ceuticals (unit of | use of Sangamo's Universal | gamo in exchange for use of technol- | ||
| Zeneca Group | GeneTools (rationally | ogy; further details ND (11/98) | ||
| plc; NYSE:ZEN; | designed zinc finger DNA | |||
| U.K.) | recognition proteins that | |||
| selectively recognize and | ||||
| regulate any target gene or | ||||
| DNA sequence) to identify | ||||
| and validate gene targets | ||||
| for drug discovery | ||||
| Sepracor Inc. | Eli Lilly and Co. | License agreement on | $90M | Lilly gets exclusive worldwide license; |
| (NYSE:LLY) | Sepracor's single-isomer | Sepracor gets up-front milestone pay- | ||
| version of fluoxetine | ment and license fee of $20M total, plus | |||
| (active ingredient in | $70M in additional milestones and | |||
| Prozac) for treating | royalties; Lilly gets rights for all uses | |||
| depression (currently in | and indications; Lilly responsible for | |||
| U.S. Phase I trials) | all subsequent product development, | |||
| regulatory submissions, manufacturing, | ||||
| marketing and sales (12/98) | ||||
| SkyePharma plc | Novartis Pharma | Collaboration; use of Skye- | $10.1M | Companies will jointly develop new formu- |
| (U.K.) | AG (Switzerland) | Pharma's multi-dose dry | (2% | lation; SkyePharma responsible for finished |
| powder inhaler device to | equity) | formulation, including manufacturing; | ||
| make new formulation of | Novartis will pay technology access fee, | |||
| long-acting bronchodilator | development costs and milestones; Novartis | |||
| Foradil (beta-agonist for | also bought $10.1M in equity (8.6M shares | |||
| treating asthma) | at $1.174 each; at 13% premium) for 2% stake; | |||
| Novartis gets exclusive worldwide rights; | ||||
| SkyePharma gets royalties (prices | ||||
| converted at rate of £0.59/US$1) (11/98) | ||||
| Supratek Pharma | RPR Gencell | Collaboration; use of | ND | RPR Gencell will fund feasibility study |
| Inc.* (Canada) | (division of | Supratek's biotransport | of Supratek's system and gets option on | |
| Rhone-Poulenc | carrier technology (gene | exclusive license (11/98) | ||
| Rorer Inc.; sub- | delivery system) for certain | |||
| sidiary of Rhone- | of RPR Gencell's cardio- | |||
| Poulenc SA; | vascular projects | |||
| NYSE:RP;France) | ||||
| Targeted Genetics | Medeva plc | Research collaboration | $54M | Targeted Genetics gets $54M, comprised |
| Corp. | (NYSE:MDV; U.K.) | on Targeted Genetics' | (equity; | of $5M license fees, $19M in milestones, |
| tgAAV-CF gene therapy | % ND) | $3M in equity investment, $2M loan and | ||
| product for treating | $15M research funding over 3 years; it also | |||
| cystic fibrosis (uses adeno- | has option under certain conditions to get | |||
| associated virus to deliver | another loan of $10M for building manu- | |||
| normal CFTR gene) | facturing facility for product; Medeva will | |||
| fund clinical and regulatory costs; | ||||
| Targeted Genetics will manage U.S. clinical | ||||
| trials through Phase I and may manage | ||||
| Phase IIs; Medeva will manage all | ||||
| other trials; Medeva will buy product | ||||
| from Targeted Genetics under long-term | ||||
| supply agreement (11/98) | ||||
| TerraGen Diversity | Schering-Plough | Collaboration; use of | ND | TerraGen will generate and screen |
| Inc.* (Canada) | Research Institute | TerraGen's combinatorial | libraries of traditionally inaccessible | |
| (unit of Schering- | biosynthesis technology | microbial compounds; TerraGen gets | ||
| Plough Corp.; | to discover anti-infective | annual R & D funds, milestones and | ||
| NYSE:SGP) | compounds derived from | royalties; Schering-Plough responsible | ||
| unculturable, environ- | for product development; TerraGen | |||
| mental microorganisms | retains rights to its libraries; parties | |||
| will jointly patent chemical structures | ||||
| of lead compounds (12/98) | ||||
| Tularik Inc.* | Knoll AG | Collaboration on drugs | ND | 3-year agreement; Tularik gets R&D |
| (Germany) | that act on regulatory | funds, milestones and royalties; Knoll | ||
| targets in energy metabol- | responsible for all product development | |||
| ism pathways, for treating | (preclinical through regulatory clear- | |||
| obesity | ance); Knoll gets worldwide marketing | |||
| rights, except in Asia; Knoll has option | ||||
| of expanding collaboration to include | ||||
| additional targets in obesity (12/98) | ||||
| Trega Biosciences | Parke-Davis | Research collaboration | ND | This new agreement supercedes the 5/97 |
| Inc. | (division of | on Trega's Chem.Folio | agreement between the companies; Parke- | |
| Warner-Lambert | (combinatorial chemistry | Davis will buy $1.5M of Trega's combina- | ||
| Co.; NYSE:WLA) | libraries) for use in Parke- | torial libraries on nonexclusive basis; as | ||
| Davis' drug discovery | a result, it will not buy Trega stock (per the | |||
| programs | 1997 agreement); further details ND (12/98) | |||
| Visible Genetics | Organon Teknika | License agreement on | ND | Visible Genetics gets right to sell |
| Inc. (Canada) | (subsidiary of | Organon's Boom tech- | nucleic acid extraction kits based on | |
| Akzo Nobel NV; | nology (method for | Boom technology (10/98) | ||
| the Netherlands) | extracting RNA and DNA | |||
| from plasma and RNA | ||||
| from other bodily fluids) | ||||
| NOTES: | ||||
| # This chart contains information on new agreements, covering the time between 9/23/98 and 12/24/98. It does not include arrangements that are classified strictly as production, manufacturing, marketing and/or distribution and supply agreements; a chart covering these arrangements will appear in the 1/11/99 issue of BioWorld Financial Watch. The chart above also does not include any collaborations that involve agricultural product development (which are covered periodically in this publication). | ||||
| A chart covering modified agreements and terminated agreements between big pharma and biotech companies for the same time period (9/23/98-12/24/98) will also appear in the 1/1/99 issue of BioWorld Financial Watch. | ||||
| AIM = Alternative Investment Market (U.K.); LSE = London Stock Exchange; ND = Not disclosed, reported and/or available | ||||
| * Private companies are indicated with an asterisk. | ||||
| ** Unless otherwise noted, the trading symbols for public biotechnology companies can be found by referring to the BioWorld Stock report For Public Biotechnology Companies on pp. 17-18. | ||||
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