Pozen Inks Deal With J&J Company for Migraine Drug
Drug developer Pozen said the deal marks the first step in bringing its treatment to migraine patients living outside the United States.
Pozen Inc. announced a deal with Johnson & Johnson's Cilag GmbH International division to make and sell its migraine drug in South America. Pozen said in a statement the deal marks the first step in bringing its treatment to migraine patients living outside the United States.
Pozen, based in Chapel Hill, N.C., said Cilag will sell its drug, MT 400, in Brazil, Colombia, Ecuador and Peru. Pozen will receive an upfront payment plus milestone and royalty payments.
The deal will expire in each country on the 15th anniversary of the first commercial sale of MT 400 in that country.
MT 400 is a combination of sumatriptan and naproxen sodium. Pozen licensed U.S.-only rights for the treatment to Brit
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