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Newron Pharmaceuticals SpA

Drug Names(s): EMD 281014, LY2422347

Description: EMD 281014 is a novel 5-HT2A antagonist.

Deal Structure: Eli Lilly and Merck KGaA
Eli Lilly and Merck KGaA announced on October 27, 2004, that Lilly has acquired Merck's 5-HT2a antagonist compound EMD 281014, a potential treatment for insomnia.

Under the terms of the agreement, Merck will receive an upfront payment of Euros 22.5 million (approximately $29 million) in the fourth quarter of 2004 as well as potential development and commercialization milestone payments and royalties on product sales in future periods. Lilly receives exclusive rights to develop and market this compound worldwide. Merck retains rights for potential co-promotion of the product in certain countries.

As of March 2009, Lilly's pipeline does not list LY2422347 in development. We then believe Lilly returned all rights to the drug to Merck KGaA.

Newron and Merck KGaA
In March 2011, Newron and Merck KGaA announced a broadening of the scope of their collaboration. Under the terms of the agreement, Newron received a development...See full deal structure in Biomedtracker

Partners: Merck KGaA

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