GEN Exclusives

More »

GEN News Highlights

More »
Dec 18, 2007

Lilly Coughs Up $87M Upfront for BioMS Medical’s MS Candidate

  • Eli Lilly gained exclusive, worldwide rights to BioMS Medical's lead multiple sclerosis (MS) compound for $87 million. BioMS also stands to earn development and sales milestones of up to $410 million. The company will receive escalating royalties.

    MBP8298 is currently in two Phase III trials in secondary progressive MS and one Phase II study  in relapsing-remitting MS. Under the terms of the agreement, Lilly and BioMS Medical will collaborate on the development of MBP8298. The firms will share some development costs, with Lilly being responsible for future R&D, manufacturing, and marketing activities.



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 »

Stopping Research Fraud

What is the best approach to curbing scientific misconduct and outright fraud?