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Adentri (oral)

Biogen, Inc.

Drug Names(s): Tonapofylline, BG9928, CVT-124, BG9719, A1 Adenosine Receptor Antagonist

Description: BioMedTracker has separate drug profiles for the oral and intravenous formulations of Adentri. Please also see Adentri (intravenous).

ADENTRI (oral) is an A1 adenosine receptor antagonist.

Deal Structure: Biogen
In March 1997, Biogen licensed rights to develop adenosine A1 receptor inhibitors from CV Therapeutics. CV Therapeutics' original compound was known as CVT-124 (BG9719).

Astellas
In January 2009, Astellas Pharma announced that it submitted a proposal to the Board of Directors of CV Therapeutics to acquire all outstanding common shares of CV Therapeutics for $16.00 per share in cash.

Gilead
In March 2009, Gilead Sciences and CV Therapeutics announced the signing of a definitive agreement pursuant to which Gilead will acquire CV Therapeutics for $20.00 per share in cash through a tender offer and second step merger. The acquisition was completed in April 2009.

Partners: Gilead Sciences, Inc.


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