Eisai Terminates its Worldwide Development & Commercialization Agreement with Purdue Pharma for Lemborexant
Shots:
- Purdue to receive one-time payment from Eisai- while releasing itself from rights to develop & commercialize lemborexant. Eisai acquires WW development and commercialization rights for lemborexant- previously held by Purdue in the deal of Aug’15
- The termination enables Purdue to focus on oncology- non-opioid pain & CNS programs. In Aug’15- Eisai granted WW development & commercialization rights of lemborexant to Purdue and shared clinical study & development costs
- Lemborexant is a dual orexin receptor antagonist used for insomnia and irregular sleep-wake rhythm disorder (ISWRD) in patients with Alzheimer’s disease. The US FDA accepted its NDA application with PDUFA date on Dec 27- 2019
Ref: Purdue Pharma | Image: Twitter
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