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Eli Lilly Signs an Exclusive Worldwide License Agreement with Centrexion Therapeutics for its CNTX-0290

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Eli Lilly Signs an Exclusive Worldwide License Agreement with Centrexion Therapeutics for its CNTX-0290

Shots:

  • Centrexion to receive $47.5M upfront- up to $950M as development- regulatory & commercial milestones and royalties on sales of product. Lilly to get exclusive WW rights for CNTX-0290 & will co-promote CNTX-0290 with Centrexion in the US
  • The focus of the collaboration is to strengthen Lilly’s pain management portfolio and allow Centrexion to focus on new targets for chronic pain
  • Centrexion’s CNTX-0290 is a somatostatin receptor type 4 (SSTR4) agonist- is being evaluated in P-I as a non-opioid treatment for chronic pain

Ref: Eli Lilly | Image: Eli Lilly

Click here to­ read the full press release 

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