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Merck licenses rights to Theravance's cardiovascular projects

Executive Summary

Theravance Inc. (respiratory, infectious, GI, and CNS disease therapies) has granted Merck & Co. Inc. exclusive worldwide discovery, development, and commercialization rights to small-molecule compounds against an undisclosed target for hypertension and heart failure. The initial term of the deal is for one year, and may be extended if both parties agree.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • R&D and Marketing (Licensing)

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