Lundbeck and Takeda modify US Trintellix collaboration
Danish CNS specialist Lundbeck (LUND: CO) announced it has been agreed with Takeda Pharmaceutical (TYO: 4502) to modify the current collaboration in the USA from a co-promotion, cost-sharing, revenue-sharing, and royalty setup to a royalty-based only model effective 1 January 1, 2025.
The decision is in support of Lundbeck’s Focused Innovator strategy with the aim to create financial flexibility and reallocate resources to other growth opportunities.
Consequently, effective from January 1, 2025, Lundbeck will cease all promotional efforts for Trintellix (vortioxetine) in the USA. This will enable Lundbeck to fully reallocate resources to other growth opportunities, including Rexulti (brexpiprazole), a treatment for Alzheimer’s agitation, in the USA and thereby further accelerate growth for these products.
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