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Pfizer Inc.

Drug Names(s): celecoxib, Celecox, YM177, Onsenal (EU)

Description: Celebrex is a nonsteroidal anti-inflammatory drug that exhibits anti-inflammatory, analgesic, and antipyretic activities. It inhibits prostaglandin synthesis by selectively inhibiting cyclooxygenase-2 (COX-2).

Deal Structure: In Japan, Pharmacia K.K. and Yamanouchi jointly developed celecoxib. After receiving regulatory approval, the two companies will co-promote celecoxib with a single brand name while Pharmacia K.K. will import bulk material and Yamanouchi will manufacture and distribute the finished product. Pharmacia and Yamanouchi are now owned by Pfizer and Astellas Pharma, respectively.

Partners: Astellas Pharma, Inc.

Celebrex News

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