Progenics Licenses Relistor® to Salix Outside of Japan
By Heather Cartwright
Pharma Deals Review: Vol 2011 Issue 2 (Table of Contents)
Published: 28 Feb-2011
DOI: 10.3833/pdr.v2011.i2.1438 ISSN: 1756-7874
Section: Licensing
Fulltext:
Abstract
Progenics Pharmaceuticals has found a new partner for its opioid-induced constipation (OIC) drug Relistor® (methylnaltrexone bromide) in the form of Salix Pharmaceuticals. Salix receives the global rights to the drug, excluding Japan, in a deal that is potentially worth more than US$350 M to Progenics. Relistor was previously licensed to Wyeth but Progenics regained the rights to the product in late 2009. Salix will assume development and commercialisation responsibility for the drug from April 2011.
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