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Flamel Technologies licenses BMS diabetes drug; terminated

Executive Summary

Drug delivery company Flamel Technologies SA licensed Bristol-Myers Squibb exclusive worldwide development and marketing rights to Basulin, its controlled-release human insulin candidate, which is ready to enter Phase II clinical trials for Types I and II diabetes. Basulin is a once-daily injection that uses Flamel's Medusa protein delivery technology.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
Deal Status
  • Terminated
Deal Type
  • Alliance
    • Includes Royalty or Profit Split Information
    • R&D and Marketing (Licensing)

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