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Merck & Co., Inc.
Drug Names(s): Montelukast/Loratadine
Description: This is a combination of Singulair (Montelukast) and Claritin (Loratadine).
Singulair is a selective and orally active leukotriene receptor antagonist that inhibits the cysteinyl leukotriene CysLT1 receptor. The cysteinyl leukotrienes are products of arachidonic acid metabolism and are released from various cells including eosinophils and mast cells. These eicosanoids bind to cysteinyl leukotriene (CysLT) receptors. The CysLT type-1 (CysLT1) receptor is found on human airway and proinflammatory cells and its activation correlates with asthma and allergic rhinitis.
Claritin is an anti-histamine with selective H-1 receptor (H1R) histamine antagonist activity. Histamine, acting on H1-receptors, produces pruritis, vasodilatation, hypotension, flushing, headache, tachycardia, bronchoconstriction, increases vascular permeability, potentiates pain, and more.
Deal Structure: In June 2008, as a result of the receipt of a not-approvable letter, Schering-Plough and Merck announced that they have terminated the Schering-Plough/Merck Pharmaceuticals respiratory joint venture, which was formed in May 2000 to develop and market a fixed-combination product that would combine loratadine and montelukast.
In March 2009, Merck & Co and Schering-Plough announced that their Boards of Directors have unanimously approved a definitive merger agreement under which Merck and Schering-Plough will combine, under the name Merck, in a stock and cash transaction. Under the terms of the agreement, Schering-Plough shareholders will receive 0.5767 shares and $10.50 in cash for each share of Schering-Plough. Each Merck share will automatically become a share of the combined company. The acquisition was completed in November 2009.
Pink Sheet Claritin/Singulair combo stumbles
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