Provide feedbackProvide feedback
Home :: Neurology

Impax obtains U.S. marketing rights to AstraZeneca's Zomig migraine therapy

Wednesday, February 01 2012 | Comments
Evidence Grade 0 What's This?

Impax Pharmaceuticals, the branded product business unit of Impax Laboratories Inc., entered into a distribution, license, development and supply agreement with AstraZeneca Plc granting Impax exclusive U.S. marketing rights to AstraZeneca's Zomig (zolmitriptan), which is approved to treat migraine in adults. The agreement covers all three formulations of the drug: tablets, orally disintegrating tablets and nasal spray. In addition, the agreement grants Impax nonexclusive rights to...

Impax Pharmaceuticals, the branded product business unit of Impax Laboratories Inc., entered into a distribution, license, development and supply agreement with AstraZeneca Plc granting Impax exclusive U.S. marketing rights to AstraZeneca's Zomig (zolmitriptan), which is approved to treat migraine in adults.

The agreement covers all three formulations of the drug: tablets, orally disintegrating tablets and nasal spray.

In addition, the agreement grants Impax nonexclusive rights to develop new zolmitriptan-containing products and to exclusively market these products in the United States in connection with the Zomig brand.

Under the terms of the agreement, Impax will make quarterly payments to AstraZeneca in 2012 totaling $130 million and will pay tiered royalties on future sales of zolmitriptan products thereafter.

Impax will receive the benefit of the gross profit on U.S. sales of Zomig as of Jan. 1.

"Zomig, with U.S. net sales for the 12 months ended Sept. 30, 2011, of $163 million, is a strong neurology brand, and the nasal spray form has U.S. patents expiring as late as 2021," said Michael Nestor, president of Impax Pharmaceuticals. "The Zomig product franchise fits well with the capabilities of our neurology-focused specialty sales force. It will support the growth of our commercial organization as we prepare for the potential launch of IPX066, our leading brand product candidate for Parkinson's disease, and beyond."

Larry Hsu, chief executive officer of Impax Laboratories, said the company expects that Zomig will "contribute meaningfully" to total revenue and earnings in 2012 and 2013, adding that Impax seeks to build sales of the nasal spray formulation to aid the longer term profitability of the firm's branded business.

Latest News

Boehringer Ingelheim launches two Phase III studies of afatinib in patients with head and neck cancer Verusmed

Thursday, January 26 2012 | Comments
Evidence Grade 0 What's This?
Boehringer Ingelheim GmbH initiated two Phase III trials to assess afatinib as a treatment for head and neck cancer.

The LUX-Head & Neck 1 study is a randomized, open-label trial designed to evaluate the efficacy and safety of afatinib versus IV methotrexate in approximately 475 patients with recurrent and/or metastatic head and neck squamous cell carcinoma...

Biogen Idec, Elan conducting late-stage Tysabri study in patients with secondary progressive MS Verusmed

Thursday, January 26 2012 | Comments
Evidence Grade 0 What's This?
Biogen Idec Inc. and Elan Corp. Plc began a Phase IIIb trial of Tysabri (natalizumab) in patients with secondary progressive multiple sclerosis (SPMS).

The ASCEND trial is expected to enroll approximately 850 patients in 15 countries. During the double-blind study, patients aged 18 to 58...
Tags: Multiple Sclerosis


XenoPort accuses GSK of breach of contractual obligations related to Horizant Verusmed

Wednesday, January 25 2012 | Comments
Evidence Grade 0 What's This?
XenoPort Inc. said GlaxoSmithKline Plc (GSK) breached its contractual obligations to sufficiently promote the firms' Horizant (gabapentin enacarbil) extended-release tablets, which were approved last April by the Food and Drug Administration to treat moderate to severe primary restless legs syndrome (RLS) in adults.

In documents filed with the

UCB's Keppra approved as adjunctive therapy for partial-onset seizures in infants, young children Verusmed

Wednesday, January 25 2012 | Comments
Evidence Grade 0 What's This?
UCB Inc.'s Keppra (levetiracetam) tablets and oral solution were approved by the Food and Drug Administration for the treatment of partial-onset seizures in infants and children aged 1 month or older with epilepsy, effectively expanding the drug's use for partial-onset seizures to include a younger patient population, according to the firm's parent company, Tags: Epilepsy




Neurology Conference Coverage
Videos