GEN Exclusives

More »

GEN News Highlights

More »
Mar 5, 2009

BMS Gains Nissan Chemical’s Atrial Fibrillation Therapy for $40M Up Front

  • Bristol-Myers Squibb is initially paying for $40 million for Nissan Chemical Industries’ early-stage arterial fibrillation drug and back-up compounds. The global agreement excludes Japan and calls for $170 million in development success-based fees, $175 million in sales-related milestones, and royalties.

    NTC-801 is an oral inhibitor of the acetylcholine-activated potassium IKACh channel. It is being investigated for the maintenance of normal sinus rhythm in patients with atrial fibrillation. Since IKACh channel activity is apparent in the atria but not in the ventricles, NTC-801 could provide a more targeted and safer therapy for atrial fibrillation, according to the companies.

    Teijin Pharma owns Japanese rights to NTC-801.



Related content

Jobs

GEN Jobs powered by HireLifeScience.com connects you directly to employers in pharma, biotech, and the life sciences. View 40 to 50 fresh job postings daily or search for employment opportunities including those in R&D, clinical research, QA/QC, biomanufacturing, and regulatory affairs.
 Searching...
More »

GEN Poll

More » Poll Results »

Should “Special K” Get Special Treatment?

In the near term, what is the best way to use ketamine in treating depression?