Biotech - Biotech Collaborations: Modified And Terminated Agreements: Oct. 27, 2005-Jan. 18, 2006
I. MODIFIED AGREEMENTS | |||
Company* (Country; Symbol) | Company* (Country; Symbol) | Change from original agreement | Terms/Details (Date) |
Cellegy Pharmaceuticals Inc. (CLGY) | ProStrakan Group plc (UK; LSE:PSK) | They renegotiated deal under which ProStrakan distributes Rectogesic in Europe | ProStrakan will assume support responsibility, and purchase product directly from the manufacturer; Cellegy gets $2M and up to $0.75M in milestone payments (11/10) |
Crucell NV (the Netherlands; CRXL) | Ark Therapeutics Group plc (UK; LSE:AKT) | Ark renewed its its PER.C6 technology licensing agreement | Ark got research and commercial rights to develop and manufacture gene-based drugs using the technology; terms were not disclosed (1/18) |
Third Wave Technologies Inc. (TWTI) | Digene Corp. (DIGE) | Third Wave dismissed a lawsuit against Digene over patents related to human papilloma-virus | The agreement does not include the grant of any license, nor does it include payments by either company (1/13) |
I. TERMINATED AGREEMENTS | |||
Micromet AG* (Germany) | Enzon Pharmaceuticals Inc. (ENZN) | They ended a deal to identify and develop antibody-based drugs for treating inflammatory and autoimmune diseases | They had combined technology in single-chain antibodies in the April 2002 collaboration; Micromet gets rights to the lead candidate (MT203) generated in the deal, and Enzon would get royalties; cross-license and marketing agreements between the companies remained unchanged (11/28) |
Notes: | |||
* Private companies are indicated with an asterisk. | |||
Unless otherwise noted, stock symbols listed are on the Nasdaq market. | |||
LSE = London Stock Exchange. |