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Drug Names(s): Oral Insulin, Insulin Tregopil
Description: IN-105 is an oral conjugated insulin.
Biocon and Bristol-Myers Squibb
In November 2012, Biocon entered into an option agreement with Bristol-Myers Squibb for IN-105. Under the terms of the agreement, Bristol-Myers Squibb will have the right to exercise an option to obtain an exclusive worldwide license to the program. Biocon will conduct clinical studies to further characterize IN-105's clinical profile according to a pre-agreed development program up to the completion of Phase II. If Bristol-Myers Squibb exercises its option to license IN-105 following the successful completion of the Phase II trial, Bristol-Myers Squibb will assume full responsibility for the development program, including all development and commercialization activities outside India. Biocon will receive a license fee in addition to potential regulatory and commercial milestone payments and royalties on commercial sales of IN-105 outside India. Biocon will retain exclusive rights to IN-105 in India.
Partners: Bristol-Myers Squibb Company
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