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VRP700

Verona Pharma plc

Drug Names(s): VRP700

Description: The mechanism of action of VRP700 is presumed to involve the suppression of cough initiating signals originating at cough sensory nerve endings located in the lungs via a novel mechanism.

Deal Structure: In November 2007, Verona Pharma announced that it has acquired significant know-how from a North American biotechnology company for a potential anti-tussive drug in return for a low, single digit royalty on all future milestone payments resulting from any licensing agreements.


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