Pfizer Inc. joined the migraine market competition on 9 November via a deal bringing it ex-US commercial rights to Biohaven Pharmaceutical Holding Company Ltd.’s Nurtec ODT (rimegepant) as well as a follow-on oral calcitonin gene-related peptide (CGRP) inhibitor for $500m up front. With significant earnout potential, the agreement strengthens Biohaven financially, removes its financial risk for commercializing Nurtec overseas and gives it a commercial partner with broad access and experience outside the US.
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