Pharma Deals Review, Vol 2004, No 47 (2004)

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Elan Streamlines CNS Portfolio with Divestment of Two Drugs

Business Review Editor

Abstract


Elan entered into agreement with Vernalis and Eisai to divest two of its potential neurological candidates. Vernalis reacquired its North American rights to Frova™ (frovatriptan), for treating migraine. The deal could be worth up to US$55 M to Elan.
Elan has also divested the North American, European and Mexican marketing rights to Eisai for Zonegran®, for treating epilepsy. The deal could be worth up to US$240 M to Elan.

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