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Purdue Signs Two Deals To Diversify Portfolio

 
• By Lucie Ellis-Taitt

Purdue Pharma has made headway this month on its 2016-initiated plans to diversify the company's R&D portfolio away from the pain therapy space, having actioned two collaborative deals with Exicure and AnaBios.

Purdue Pharma LP and Exicure Inc. have entered a strategic research collaboration, option and license agreement to discover and develop a treatment for psoriasis.

The deal also covers R&D for other diseases amenable to a gene regulation approach utilizing Exicure's spherical nucleic acid (SNA) technology. Purdue, upon exercise of the options, will obtain full...

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Eye drug is already in Phase III trials elsewhere, with results due in Q3. Nicox could earn up to a further €24.5m in milestones and royalties from Kowa alliance.