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Allergan plc

Drug Names(s): F2695, levomilnacipran extended-release capsules

Description: F2695 is an isomer of milnacipran. F2695 exerts its effects by selectively inhibiting the reuptake of both norepinephrine and serotonin, two neurotransmitters known to play an essential role in regulating mood.

Deal Structure: F2695 was originally developed by Pierre Fabre.

Forest and Pierre Fabre
In December 2008, Forest Laboratories and Pierre Fabre Medicament announced that they entered into a definitive collaboration agreement to develop and commercialize F2695 in the United States and Canada.

Under the terms of the agreement, Forest will make an upfront payment to Pierre Fabre of $75 million and will pay future, undisclosed milestone payments. In addition, Pierre Fabre will receive royalty payments based on F2695 sales. Forest will assume responsibility for the clinical development and commercialization of F2695 in the United States and Canada, while Pierre Fabre will fund all preclinical development and drug substance manufacturing activities worldwide.

Forest and Actavis
In February 2014, Actavis and Forest announced that they have entered into a definitive agreement under which Actavis will acquire Forest for a combination of cash and equity valued at...See full deal structure in Biomedtracker

Partners: Pierre Fabre Medicament S.A.

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