Trade Resources Company News Merck Has Signed a Licensing Agreement with Aicuris for Hcmv Investigational Medicines

Merck Has Signed a Licensing Agreement with Aicuris for Hcmv Investigational Medicines

Merck has signed a licensing agreement with AiCuris for the worldwide development and commercialisation rights of candidates in AiCuris' Human Cytomegalovirus (HCMV) portfolio.

The HCMV portfolio includes letermovir (AIC246), an oral, late-stage antiviral candidate that is being investigated for the treatment and prevention of HCMV infection in transplant patients.

Merck Research Laboratories Infectious Disease Franchise head and worldwide licensing and knowledge management senior vice president Dr. Roger Pomerantz said HCMV infection is one of the common viral infections affecting organ and bone marrow transplant patients.

"AiCuris has built a leading portfolio of innovative antiviral HCMV candidates that are designed to address novel targets and offer the potential for HCMV prophylaxis. This portfolio complements Merck's broad antiviral portfolio," Dr. Pomerantz added.

As a part of the agreement, Merck, which is responsible for all development activities and costs, will make €110m upfront payment to AiCuris.

AiCuris is also eligible to receive milestone payments of up to €332.5m upon the achievement of development, regulatory and commercialisation objectives for HCMV candidates and royalty payments on reaching advanced stage of the clinical programme of potential products resulting from the collaboration.

AiCuris CEO Dr. Helga Rubsamen-Schaeff said, "Merck's ongoing commitment to infectious disease research, combined with its experience in developing and marketing antiviral products, makes them an excellent partner for AiCuris' unique HCMV portfolio."

The transaction is subject to closure with the clearance from the relevant authorities.

Source: http://drugdiscovery.pharmaceutical-business-review.com/news/merck-aicuris-sign-licensing-deal-for-hcmv-investigational-medicines-151012
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Merck, Aicuris Sign Licensing Deal for Hcmv Investigational Medicines