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Cubist licenses daptomycin from Lilly

Executive Summary

Cubist Pharmaceuticals acquired exclusive rights to Eli Lilly's Phase II daptomycin to treat diseases caused by Staphylococcus aureus and enterococcus bacteria. Financial terms include a license fee, milestone payments, and royalties.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Contract
    • Includes Equity
    • Marketing (Licensing)
    • Reverse Licensing

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