Pharma Deals Review, Vol 2011, No 11 (2011)

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Cubist Looks to Opioid Receptor Antagonists with Potential US$415 M Adolor Takeover

Heather Cartwright

Abstract


A month after GlaxoSmithKline sold all of its rights to Entereg® (alvimopan) back to Adolor, Cubist Pharmaceuticals has agreed to acquire Adolor for a potential consideration of US$415 M. With the acquisition, Cubist will also gain Adolor’s lead development programme ADL5945, which is scheduled to begin Phase III development for chronic opioid-induced constipation in 2012. Of the total transaction value, US$225 M is contingent upon the regulatory success of the drug candidate. Cubist will leverage its existing hospital-based sales force to promote Entereg.



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