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Novartis partners Phase II CNS compound with Vanda

Executive Summary

Concurrent with settling arbitration proceedings over their previously partnered schizophrenia drug Fanapt (iloperidone), Novartis AG licensed Vanda Pharmaceuticals Inc. exclusive global rights to its Phase II CNS compound AQW051. The transaction also includes patents, patent applications, and other IP.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Specialty Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Royalty or Profit Split Information
    • R&D and Marketing (Licensing)
    • Reverse Licensing

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