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Vernalis Group plc

Drug Names(s): AS111793

Description: V85546 is a selective MMP 12 (macrophage elastase) inhibitor.

Deal Structure: V85546 had been developed by Serono under a collaboration initiated in 2000.

In October 2008, following the merger of Merck KGA and Serono, Vernalis regained all rights to a portfolio of compounds targeting the treatment of inflammatory disease, including V85546. These compounds were originally part of a Licence, Development and Commercialization agreement between Vernalis and Serono. Vernalis's obligations back to Merck Serono are single-digit royalties.

Partners: Merck KGaA

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