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Pfizer is relinquishing to OSI Pharmaceuticals, royalty-free, all development and marketing rights to CP-358,774 (OSI-774), an oral inhibitor of the epidermal growth factor receptor oncogene that the companies have been developing since 1986. Because Pfizer is acquiring Warner-Lambert, which is also developing an EGFR inhibitor, the FTC is requiring it to divest the product.
Deal Industry
Biotechnology
Pharmaceuticals
Deal Status
Terminated
Deal Type
Alliance
Includes Contract
Includes Royalty or Profit Split Information
Marketing (Licensing)
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