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Merck, Lundbeck terminate sleep drug license deal
21 Apr 2015
Executive Summary
Merck & Co. Inc. is licensing US rights to H. Lundbeck AS's (psychiatric and neurological drugs) sleep disorder treatment gaboxadol. The companies will complete ongoing Phase III trials jointly, Merck paying most of the costs.
Deal Industry
- Pharmaceuticals
Deal Status
- Terminated
Deal Type
-
Alliance
- Co-Promotion
- Product or Technology Swap
- R&D and Marketing (Licensing)
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