AZ and Merck enter Lynparza alliance; Merck pays $1.6bn up front
Executive Summary
AstraZeneca PLC and Merck & Co. Inc. agreed to co-develop and commercialize AZ’s poly ADP ribose (PARP) inhibitor Lynparza (olaparib) as a monotherapy and in combination with other compounds for various types of cancer. The deal also involves AZ’s Phase III MEK inhibitor selumetinib and the marketed immunotherapies Keytruda (pembrolizumab) (PD-1 antagonist sold by Merck) and Imfinzi (durvalumab) (PD-L1 antagonist sold by AZ).
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Vaccines
-
Biotechnology
- Immuno-Oncology
-
Large Molecule
- Antibodies
Deal Status
- Final
Deal Type
-
Alliance
- Co-Promotion
- Includes Royalty or Profit Split Information
- R&D and Marketing (Licensing)
Questions?
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