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Mar 6, 2007

Shionogi Pays $14M for BioCryst’s Influenza Program in Japan

  • BioCryst Pharmaceuticals and Shionogi & Co. entered into an exclusive license agreement to develop and commercialize BioCryst's lead influenza neuraminidase inhibitor, peramivir, in Japan for the treatment of seasonal and potentially life-threatening human influenza.

    Shionogi will pay $14 million for rights to injectable formulations of peramivir. BioCryst may also receive future clinical  event payments of up to $21 million, commercial milestones of up to $95 million, and double digit royalty payments, ranging between 10% and 20%.



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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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