Adamas Pharma earns $40 milestone in Forest deal

10 January 2014

California, USA-based Adamas Pharmaceuticals revealed yesterday (January 9) that it has received $40 million in milestone payments under its collaboration with Forest Laboratories (NYSE: FRX) for MDX-8704 (The Pharma Letter November 15, 2012).

MDX-8704 is a fixed dosed combination (FDC) of Namenda XR (memantine HCl extended release capsules) and donepezil HCl, which is being developed as a once daily therapy for the treatment of moderate-to-severe dementia of the Alzheimer's type in the USA.

Studies support first-half 2014 regulatory filing

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