DEALS: Astellas pays Theravance $65M for antibiotic

Astellas, Theravance sign co-development agreement
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DEALS |
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|
WHO |
WITH |
WHAT |
SCOOP |
|
Astellas |
Theravance |
Co-development and marketing deal |
The deal involves Theravance's antibiotic telavancin. Astellas will pay $65M upfront and up to $156M in clinical and regulatory milestones. |
|
Kos Life Sciences |
Jerini |
Marketing and distribution deal |
The companies will develop, market and distribute Jerini's compound, Icatibant, in the US and Canada. |
|
DOR BioPharma |
Gastrotech Pharma |
Dor to buy Gastrotech for $9M in stock |
Gastrotech develops therapeutics based on peptide hormones to treat cancer and gastrointestinal diseases. |
|
Novartis |
Senju |
Co-development and marketing deal |
Novartis announced that it has signed a deal with Senju Pharmaceutical to develop and market Senju's glaucoma treatment Y39983. |
|
Introgen |
Colgate-Palmolive |
Co-development deal |
Introgen and Colgate-Palmolive will develop a mouthwash therapy for pre-cancerous conditions of the mouth and oral cancer. |
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