Leading the Way in Life Science Technologies

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

Be sure to take the GEN Poll

Cancer vs. Zika: What Worries You Most?

While Zika continues to garner a lot of news coverage, a Mayo Clinic survey reveals that Americans believe the country’s most significant healthcare challenge is cancer. Compared to other diseases, does the possibility of developing cancer worry you the most?

More »