Allergan and MAP Pharma collaborate on Levadex for acute migraine, in deal worth potential $157 million

2 February 2011

US drugmakers Allergan (NYSE: AGN) and MAP Pharmaceuticals (Nasdaq: MAPP) have entered a collaboration within the USA for Levadex (dihydroergotamine), a self-administered, orally inhaled therapy that has completed Phase III clinical development for the treatment of acute migraine in adults. MAP currently anticipates submitting its New Drug Application for Levadex with the Food and Drug Administration in the first half of 2011.

MAP will receive a $60 million up-front payment from Allergan and up to $97 million in additional payments upon meeting certain regulatory milestones associated with the initial indication. If Levadex receives FDA approval, the companies will equally share profits from sales of the product generated from its commercialization to neurologists and pain specialists in the USA.

Levadex contains a proprietary formulation of dihydroergotamine (DHE), a drug delivered via IV, injection or nasal spray and used in clinical practice today for the treatment of acute migraine. Utilizing MAP’s proprietary drug delivery system, the TEMPO inhaler, the unique formulation can be self-administered by the patient and is absorbed through the lungs. If approved, it may offer an easy to use, at-home therapy option for acute migraine sufferers, the companies said.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical