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Agreements

Date: 2016-07-26

Type of information: Product acquisition

Compound: lomibuvir (VX-222) and merimepodib (VX-497)

Company: Trek Therapeutics (USA - MA) Vertex Pharmaceuticals (USA - MA)

Therapeutic area: Infectious diseases

Type agreement: product acquisition

Action mechanism:

  • direct-acting antiviral agent/NS5B polymerase inhibitor/inosine monosphosphate dehydrogenase inhibitor. Lomibuvir is an oral non-nucleoside inhibitor of the HCV NS5B polymerase with potent activity against genotype 1a and 1b. Lomibuvir has completed Phase 2b clinical studies in HCV patients.
  • Merimepodib is an oral inhibitor of  inosine monophosphate dehydrogenase (IMPDH). IMPDH inhibition leads to a reduction in intracellular guanosine triphosphate (GTP), a molecule required for DNA and RNA synthesis and represents an attractive strategy for treating infectious diseases. Merimipodib has completed Phase 2b clinical studies in HCV patients.

Disease:

Details:

  • • On July 26, 2016, Trek Therapeutics announced that it acquired the worldwide development and commercialization rights to treat infectious disease with lomibuvir (VX-222), a non-nucleoside inhibitor of the HCV NS5B polymerase and merimepodib (VX-497), an inhibitor of inosine monosphosphate dehydrogenase with broad-spectrum antiviral properties from Vertex Pharmaceuticals .
  • Vertex will be eligible to receive milestones and royalties based on successful development and commercialization of lomibuvir and merimepodib. Other terms were not disclosed.
   

Financial terms:

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Is general: Yes