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Aerial licenses narcolepsy compound ADXN05 to Jazz Pharma

Executive Summary

For $125mm in cash up front, Jazz Pharmaceuticals PLC (spec pharma focused on cancer, blood diseases, and neurology) received worldwide development, manufacturing, and marketing rights outside of Asia to start-up Aerial BioPharma LLC’s Phase IIb ADXN05 (formerly SKLN05, ARLN05), a phenylalanine derivative with US orphan drug designation for excessive daytime sleepiness associated with narcolepsy.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Contract
    • Includes Royalty or Profit Split Information
    • R&D and Marketing (Licensing)

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