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In Brief: Pharmacia & Upjohn

This article was originally published in The Tan Sheet

Executive Summary

Pharmacia & Upjohn: Purchases U.S. manufacturing rights to Nicotrol OTC smoking cessation patch from Cygnus Therapeutics, Cygnus announces March 6. J&J's McNeil subsidiary markets Nicotrol in the U.S. In 1993, Cygnus, which developed the Nicotrol nicotine patch, entered an exclusive agreement granting Pharmacia worldwide manufacturing rights to Nicotrol in return for royalties; the agreement was later amended so that Cygnus would manufacture and supply Nicotrol to the U.S. market through 1999. The agreement had an option clause allowing Pharmacia to purchase the rights prior to 1999...
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