Declarations of Interest Thorax: First Published As 10.1136/Thoraxjnl-2016-209333.464 on 15 November 2016

Total Page:16

File Type:pdf, Size:1020Kb

Declarations of Interest Thorax: First Published As 10.1136/Thoraxjnl-2016-209333.464 on 15 November 2016 Declarations of interest Thorax: first published as 10.1136/thoraxjnl-2016-209333.464 on 15 November 2016. Downloaded from Declarations of Interest mittee membership: Actelion Pharmaceuticals Ltd. L Di Scala: Employee Actelion Pharmaceuticals Ltd. N Galié: Consulting fees/honoraria: Actelion Pharmaceuticals S34 EFFECT OF 8 AND 12 WEEKS’ ONCE-DAILY TIOTROPIUM Ltd, Bayer HealthCare, GlaxoSmithKline, Pfizer. Steering Com- AND OLODATEROL, ALONE AND COMBINED WITH mittee membership: Actelion Pharmaceuticals Ltd. EXERCISE TRAINING, ON EXERCISE ENDURANCE HA Ghofrani: Consulting fees/honoraria: Actelion Pharma- DURING WALKING IN PATIENTS WITH COPD ceuticals Ltd, Bayer HealthCare, Gilead Sciences Inc, GlaxoS- mithKline, Merck & Co, Novartis Corporation, Pfizer Inc. 10.1136/thoraxjnl-2016-209333.464 Steering Committee membership: Actelion Pharmaceuticals Ltd, Bayer HealthCare, Gilead Sciences Inc, GlaxoSmithKline, Merck T Troosters has received grants from Innovative Medicines Initia- & Co, Novartis Corporation, Pfizer Inc. tive Joint Undertaking and speaker fees from Boehringer Ingel- MM Hoeper: Consulting fees/honoraria: Actelion Pharma- heim and GlaxoSmithKline. ceuticals Ltd, Bayer HealthCare, GlaxoSmithKline, Pfizer, Gilead J Bourbeau has received grants from the Canadian Institute of Sciences. Steering Committee membership: Actelion Pharmaceuti- Health Research R&D collaborative programme (AstraZeneca, cals Ltd. Boehringer Ingelheim, GlaxoSmithKline, Merck, Nycomed, I Lang: Consulting fees/honoraria: Actelion Pharmaceuticals Novartis), Canadian Respiratory Research Network, Respiratory Ltd, Bayer HealthCare, GlaxoSmithKline, Novartis Corporation, Health Network of the FRQS and Research Institute of the United Therapeutics. Steering Committee membership: Actelion MUHC, and an educational grant from GlaxoSmithKline. Pharmaceuticals Ltd. F Maltais has received grants from Boehringer Ingelheim, V McLaughlin: Consulting fees/honoraria: Actelion Pharma- GlaxoSmithKline, AstraZeneca, Nycomed and Pfizer, personal ceuticals Ltd, Bayer HealthCare, Gilead Sciences Inc, United fees from Boehringer Ingelheim, GlaxoSmithKline and Novartis, Therapeutics, Ikaria, Novartis. Steering Committee membership: and other financial support from GlaxoSmithKline. Actelion Pharmaceuticals Ltd, Bayer HealthCare, Gilead Sciences N Leidy is employed by Evidera, a health-care research firm Inc, United Therapeutics, Ikaria. that provides consulting and other research services to pharma- R Preiss: Employee Actelion Pharmaceuticals Ltd. LJ Rubin: ceutical and other organisations including the study sponsor. Consulting fees/honoraria: Actelion Pharmaceuticals Ltd, Arena D Erzen, D De Sousa, L Korducki and A Hamilton are Pharmaceuticals, GeNO Pharmaceuticals, Lung Biotechnology, employees of Boehringer Ingelheim Pharma GmbH & Co. KG. Gilead Sciences Inc, United Therapeutics. Steering Committee KL Lavoie reports personal fees from Boehringer Ingelheim membership: Actelion Pharmaceuticals Ltd. for personnel training as well as a grant from AbbVie and per- G Simonneau: Consulting fees/honoraria: Actelion Pharma- sonal fees from Bayer, Janssen, Novarits, AbbVie, Mundipharma ceuticals Ltd, Bayer HealthCare, Eli Lilly & Co, GlaxoSmithK- and Almirall. line, Novartis Corporation, Pfizer Inc. Steering Committee W Janssens has no conflict of interest to report. membership: Actelion Pharmaceuticals Ltd. O Sitbon: Consulting fees/honoraria: Actelion Pharmaceuticals Ltd, Bayer HealthCare, GlaxoSmithKline, Pfizer Inc, United Therapeutics. Steering Com- mittee membership: Actelion Pharmaceuticals Ltd. http://thorax.bmj.com/ S109 TARGETING THE PROSTACYCLIN PATHWAY IN THE TREATMENT OF CONNECTIVE TISSUE DISEASE ASSOCIATED PULMONARY ARTERIAL HYPERTENSION (PAH): INSIGHTS FROM THE RANDOMISED CONTROLLED S112 LONG-TERM SAFETY AND EFFICACY OF IVACAFTOR IN GRIPHON TRIAL WITH SELEXIPAG PEDIATRIC PATIENTS AGED 2-5 YEARS WITH CYSTIC FIBROSIS AND A CFTR GATING MUTATION 10.1136/thoraxjnl-2016-209333.465 on September 27, 2021 by guest. Protected copyright. 10.1136/thoraxjnl-2016-209333.466 The GRIPHON study was sponsored by Actelion Pharmaceuticals Ltd. JC Davies has served on advisory boards, undertaken educational G Coghlan: Consulting fees: Actelion Pharmaceuticals Ltd, activities, and served as national/site principal investigator for tri- Bayer HealthCare, GlaxoSmithKline, GenenTech, United Thera- als, for which her institution has received funding from Vertex peutics. Speaker’s honoraria and research grants: Actelion Phar- Pharmaceuticals Incorporated. maceuticals Ltd, GlaxoSmithKline, Bayer HealthCare, United S Robertson is an employee of Vertex Pharmaceuticals Incor- Therapeutics. porated and may own stock or stock options in that company. S Gaine: Consulting fees/honoraria: Actelion Pharmaceuticals J Cooke is an employee of Vertex Pharmaceuticals Incorpo- Ltd, Bayer HealthCare, GlaxoSmithKline, United Therapeutics, rated and may own stock or stock options in that company. Novartis, Pfizer. Steering Committee membership: Actelion Phar- M Higgins is an employee of Vertex Pharmaceuticals Incorpo- maceuticals Ltd, GlaxoSmithKline, United Therapeutics, rated and my own stock or stock options in that company. Novartis. M Rosenfeld: has served as a national and site investigator for R Channick: Consulting fees/honoraria: Actelion Pharmaceuti- trials and as a consultant, for which her institution received fund- cals Ltd, Bayer HealthCare, United Therapeutics. Steering Com- ing from Vertex Pharmaceuticals Incorporated. A270 Thorax 2016;71(Suppl 3):A1–A288.
Recommended publications
  • Telaprevir (Incivek)
    © Hepatitis C Online PDF created September 25, 2021, 4:19 pm Telaprevir (Incivek) Discontinued. This treatment has been discontinued. Table of Contents Telaprevir Incivek Summary Drug Summary Adverse Effects Class and Mechanism Manufacturer for United States FDA Status Indications Dosing Clinical Use Cost and Medication Access Resistance Key Drug Interactions Full Prescribing Information Figures Drug Summary Although telaprevir was a promising direct-acting antiviral agent that had impact in the hepatitis C treatment field during 2011 to 2013, it was subsequently replaced by newer direct-acting antiviral agents that were more effective, better tolerated, and more convenient. Based on the dwindling role of telaprevir after newer direct-acting antiviral agents were approved, Vertex pharmaceuticals discontinued the sales and distribution of telaprevir in the United States in October 2014. Telaprevir does have some current importance since persons who previously failed a telaprevir-based regimen may have developed resistant associated variants, which could potentially impact subsequent therapy. Adverse Effects The most significant adverse effects reported in the main registration trials and in post-marketing experience were rash, anorectal complaints, and anemia. When comparing triple therapy of telaprevir, peginterferon, and ribavirin with dual therapy of peginterferon and ribavirin alone significant differences were noted with rash (56% versus 34%), anemia (36% versus 17%), and anorectal complaints that include anorectal discomfort, anal pruritus, and hemorrhoids (29% versus 7%). In most cases, the rash that develops is eczematous or maculopapular in character and mild to moderate in severity; the rash is typically manageable with good skin care and topical emollients or corticosteroids. In some instances, however, telaprevir has caused serious skin Page 1/5 rashes, including Steven's Johnson Syndrome (SJS), Drug Reaction with Eosinophilia and Systemic Symptoms (DRESS), and Toxic Epidermal Necrolysis (TEN).
    [Show full text]
  • ARK GENOMIC REVOLUTION MULTI SECTOR ETF (ARKG) HOLDINGS As of 09/27/2021
    ARK GENOMIC REVOLUTION MULTI SECTOR ETF (ARKG) HOLDINGS As of 09/27/2021 Company Ticker CUSIP Shares Market Value($) Weight(%) 1 TELADOC HEALTH INC TDOC 87918A105 3,937,797 531,208,815.30 6.99 2 EXACT SCIENCES CORP EXAS 30063P105 3,971,013 381,296,668.26 5.01 3 PACIFIC BIOSCIENCES OF CALIF PACB 69404D108 13,696,148 350,347,465.84 4.61 4 VERTEX PHARMACEUTICALS INC VRTX 92532F100 1,722,281 316,228,014.41 4.16 5 FATE THERAPEUTICS INC FATE 31189P102 4,825,395 312,926,865.75 4.12 6 IONIS PHARMACEUTICALS INC IONS 462222100 8,572,965 310,341,333.00 4.08 7 REGENERON PHARMACEUTICALS REGN 75886F107 430,742 275,201,063.80 3.62 8 TWIST BIOSCIENCE CORP TWST 90184D100 2,237,350 250,829,308.50 3.30 9 TAKEDA PHARMACEUTIC-SP ADR TAK UN 874060205 13,592,076 229,570,163.64 3.02 10 ACCOLADE INC ACCD 00437E102 5,268,242 226,850,500.52 2.98 11 INTELLIA THERAPEUTICS INC NTLA 45826J105 1,508,421 224,965,907.94 2.96 12 VEEVA SYSTEMS INC-CLASS A VEEV 922475108 741,198 222,307,516.14 2.92 13 CAREDX INC CDNA 14167L103 3,433,475 220,978,451.00 2.91 14 CRISPR THERAPEUTICS AG CRSP H17182108 1,804,041 210,044,493.63 2.76 15 INCYTE CORP INCY 45337C102 2,893,385 199,643,565.00 2.63 16 INVITAE CORP NVTA 46185L103 6,059,066 182,135,523.96 2.40 17 ADAPTIVE BIOTECHNOLOGIES ADPT 00650F109 4,888,391 178,377,387.59 2.35 18 BEAM THERAPEUTICS INC BEAM 07373V105 1,849,698 175,110,909.66 2.30 19 SIGNIFY HEALTH INC -CLASS A SGFY 82671G100 8,107,683 160,937,507.55 2.12 20 UIPATH INC - CLASS A PATH 90364P105 2,955,628 155,761,595.60 2.05 21 CASTLE BIOSCIENCES INC CSTL 14843C105 2,130,211
    [Show full text]
  • Vertex Pharmaceuticals Global Medical Affairs Pharmd Fellowship Program 2020 Message from Global Medical Affairs Leadership
    Vertex Pharmaceuticals Global Medical Affairs PharmD Fellowship Program 2020 Message from Global Medical Affairs Leadership Dear Candidates, Vertex Pharmaceuticals in collaboration with Northeastern University is privileged to host and expand the PharmD Fellowship Program. We are excited to work with our fellows as integral members of our team and facilitate in-depth exposure to a range of functional areas, offering them the critical opportunity to gain extensive experience in the biopharmaceutical industry. In addition to fostering each individual’s personal and professional growth, the program’s primary goal is to extend the visibility of valuable contributions that a Doctor of Pharmacy can bring to the pharmaceutical industry. At Vertex, our Global Medical Affairs fellows are highly encouraged to take on immersive projects, allowing them to work across departments with leaders in the industry. We advocate for them to partake in truly unique, impactful work that develops their skills, sparks curiosity, and drives the science. Vertex’s open and innovative culture allows the fellows to ask questions, challenge the status quo, and explore their interests across multiple expertise areas. As a pharmacist, I am extremely proud of the establishment of the Vertex PharmD Fellowship program in Global Medical Affairs and excited to welcome our future fellows. Vertex is an ideal place for fellows to start their professional career, and we are dedicated to the development of the next generation of pharmacist leaders in the biopharmaceutical industry. As Vertex continues to grow and evolve into a company in multiple disease areas, I am confident that our fellows will be an essential part of moving the needle to deliver on our commitment to patients.
    [Show full text]
  • United States Securities and Exchange Commission Form
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 17, 2005 VERTEX PHARMACEUTICALS INCORPORATED (Exact name of registrant as specified in its charter) MASSACHUSETTS 000-19319 04-3039129 (State or other jurisdiction of (Commission File Number) (IRS Employer Identification incorporation) No.) 130 Waverly Street Cambridge, Massachusetts 02139 (Address of principal executive offices) (Zip Code) (617) 444-6100 Registrant’s telephone number, including area code: Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01. Other Events. On June 17, 2005, Vertex Pharmaceuticals Incorporated and Merck & Co., Inc. issued a joint press release that announced the initiation of an additional Phase I study with VX-680, a small molecule inhibitor of Aurora kinases. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 9.01.
    [Show full text]
  • Pax Large Cap Fund USD 7/31/2021 Port
    Pax Large Cap Fund USD 7/31/2021 Port. Ending Market Value Portfolio Weight Microsoft Corporation 89,240,649.84 6.2 Apple Inc. 56,474,074.80 3.9 Alphabet Inc. Class A 45,168,406.39 3.1 Applied Materials, Inc. 40,802,748.42 2.8 United Parcel Service, Inc. Class B 40,145,031.68 2.8 Amazon.com, Inc. 40,024,252.52 2.8 Procter & Gamble Company 38,175,527.61 2.6 Alphabet Inc. Class C 37,288,542.96 2.6 T-Mobile US, Inc. 36,913,478.16 2.5 CVS Health Corporation 35,823,305.60 2.5 Bristol-Myers Squibb Company 35,683,263.33 2.5 Trane Technologies plc 34,492,144.83 2.4 Voya Financial, Inc. 34,364,677.20 2.4 Fiserv, Inc. 33,109,434.63 2.3 Medtronic Plc 32,631,060.24 2.2 Lowe's Companies, Inc. 32,345,328.78 2.2 JPMorgan Chase & Co. 31,275,786.80 2.2 salesforce.com, inc. 31,164,938.74 2.1 Aptiv PLC 30,049,685.00 2.1 Target Corporation 29,624,476.10 2.0 Becton, Dickinson and Company 29,334,525.00 2.0 Citizens Financial Group, Inc. 28,825,635.20 2.0 Merck & Co., Inc. 28,216,517.16 1.9 BlackRock, Inc. 28,142,268.01 1.9 Vertex Pharmaceuticals Incorporated 26,265,874.00 1.8 Lincoln National Corporation 25,842,318.84 1.8 Sysco Corporation 25,428,711.00 1.8 Equinix, Inc.
    [Show full text]
  • PD2M Newsletter
    PD2M Newsletter March 2020 Note from the Editor Our first issue of the PD2M Newsletter 2020 highlights two interesting topics: - Pharma 4.0: The term “Industry 4.0” was first used in Germany to incentivize modernization of manufacturing. The International Society for Pharmaceutical Engineering (ISPE) adapted it 2017 and the concept of “Pharma 4.0” was born. The Carla Luciani vision of highly efficient, vastly automated, self-driven manufacturing processes is extremely appealing to Pharmaceutical Discovery, practitioners. But separating hype from reality is important. Get Development and Manufacturing a feel of what is going on from Nima Yazdanpanah Forum, Newsletter Chair (Procegence), Shujauddin Changi (Vertex), Moiz Diwan (Abbvie), and Christopher Burcham (Eli Lilly) who reported RNA-Tx, Lilly Research Pharma 4.0 Highlights from the last AIChE Annual Meeting. Laboratories, Eli Lilly & Co. - Connect @ AIChE: Meet candidates in a poster session & reception at the 2020 AIChE Annual Meeting in San Francisco. If you are a graduate student/postdoc who are available for In this issue: employment by summer 2021 or you work in industry and want to meet new talent and grow connections, this is a great event Note from the Page 1 to do so. Learn everything you need to know here. Editor There is still more to come on PD2M programming and activities. Don’t Pharma 4.0 Page 2 miss future issues of the PD2M Newsletter. Highlights Connect @ AIChE Page 6 It is all about connectivity… 1 | Page Page | 1 Page | 1 PD2M Newsletter Pharma 4.0 Highlights from AIChE Annual Meeting 2019 The Pharma 4.0 paradigm, analogous to the The Pharma 4.0 was topic of two plenary sessions Industry 4.0, intends to utilize enabling technologies in the AIChE Annual meeting 2019 in Orlando, FL, in the pharmaceutical and biopharmaceutical held by PD2M and Next-Gen Manufacturing industries.
    [Show full text]
  • Vertex Pharmaceuticals Announces That VX-680 Demonstrates Effect on Clinically Relevant Biomarker in Phase I Cancer Study
    December 7, 2005 Vertex Pharmaceuticals Announces that VX-680 Demonstrates Effect on Clinically Relevant Biomarker in Phase I Cancer Study - Company achieves two milestones in broad collaboration with Merck to develop VX-680 and Aurora kinase inhibitors - Cambridge, MA, December 7, 2005 - Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced clinical and research progress in its worldwide collaboration with Merck & Co., Inc. to develop Aurora kinase inhibitors for the treatment of cancer. In a Phase I clinical study in patients with solid tumor cancers, dosing with VX-680 (MK-0457) demonstrated activity on a clinically relevant biomarker, triggering achievement of a milestone under the contract. VX-680 is a small molecule inhibitor of Aurora kinases and the lead development compound in the collaboration. In addition, Merck has selected a follow-on compound for development from a joint Aurora kinase research program that is part of the collaboration. In conjunction with this progress, Vertex will receive two milestone payments from Merck totaling $19.5 million. Vertex expects to recognize revenue of approximately $7.0 million of the $19.5 million in milestone payments in the fourth quarter of 2005, and the balance in 2006. "We are pleased with our progress in the research and development of Aurora kinase inhibitors, which may represent an exciting new approach to the treatment of cancer," said Stephen H. Friend, M.D., Ph.D., Executive Vice President, Advanced Technology & Oncology at Merck Research Laboratories. "We initiated a number of clinical trials for VX-680 in 2005, and the biomarker activity observed in the Phase I trial in solid tumors is encouraging.
    [Show full text]
  • Rare Diseases Whitepaper
    Future Treatment Approaches for Rare Congenital and Genetic Diseases WHITEPAPER Author: Anna Osborne Principal Consultant, Informa Pharma Custom Intelligence Introduction Many biotech and pharmaceuticals companies more, regulatory and legislative initiatives such as have prioritized drug development for rare Breakthrough Therapy designation, which makes congenital and genetic diseases over the past it easier to work with the FDA on tailored trial few years given the high unmet need, rapidly designs, and the Orphan Drug Act, which provides advancing science, and favorable clinical seven years of regulatory exclusivity, have development paths. Rare congenital and encouraged development in this space. genetic diseases often have severe or even fatal manifestations, with few treatments available, In this whitepaper, we review the current market but emerging genetic data and new treatment landscape for rare congenital and genetic diseases modalities, such as gene therapy, are rendering and look forward to what treatment approaches monogenic diseases more tractable. What’s might be available soon. 2 / August 2020 © Informa UK Ltd 2020 (Unauthorized photocopying prohibited.) Approved therapies for rare congenital and genetic diseases The focus of this analysis is limited to diseases by GARD, and emphasizes the huge unmet need that are classified as rare congenital and genetic that exists. Diseases with the largest number of diseases by the National Center for Advancing approved therapies include dwarfism, Lennox- Translational Sciences’ (part of the NIH) Genetic Gastaut syndrome, and cystic fibrosis (Figure 1). and Rare Diseases Information Center (GARD)1. However, even for these diseases the number According to Informa’s Pharmaprojects, only of approved therapies is very small compared 74 rare congenital or genetic diseases have an to more prevalent conditions, and the need for approved therapy.
    [Show full text]
  • Moderna Therapeutics Named the No. 3 Top Employer by Science Magazine
    Moderna Therapeutics Named the No. 3 Top Employer by Science Magazine October 27, 2016 Cambridge, Mass., October 27, 2016 — Moderna Therapeutics, a clinical stage biotechnology company pioneering messenger RNA (mRNA) Therapeutics™ to create a new generation of transformative medicines for patients, today announced that Science and Science Careers has recognized Moderna as one of the biopharmaceutical industry’s top employers for the second consecutive year. Rankings are determined by Science and Science Careers’ annual Top Employer Survey, which polls employees across the globe in biotechnology, biopharmaceutical, pharmaceutical and related industries to rate companies on various key characteristics to arrive at a list of the 20 best employers. Moderna ranked #3 this year, moving up four spots from the 2015 Top Employer survey. “We are very proud to be recognized as a top employer in the biopharmaceutical industry by Science for the second year in a row. Doing great science is necessary to create great medicines. A company cannot do great science without the right work environment and culture,” said Stéphane Bancel, CEO at Moderna. “We are very grateful to have such an exceptional group of scientists and industry professionals here at Moderna. This team is so committed to deliver on the promise of mRNA science for patients. They thrive on challenges and creative problem-solving, embody the spirt of collaboration, and share an unwavering focus on quality, integrity and respect. This team is relentless. We look forward to growing our team and continuing to hire best-in-class industry professionals who share our goal of addressing unmet medical needs by advancing mRNA medicines through scientific innovation.” Ranked among a field of some of the industry’s most notable companies, Moderna was exemplary in three of the key driving characteristics of top employers, as identified by Science and Science Careers, including Innovative Leader in the Industry, Treats Employees with Respect and Has Clear Vision.
    [Show full text]
  • VERTEX PHARMACEUTICALS INCORPORATED (Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 VERTEX PHARMACEUTICALS INCORPORATED (Name of Registrant as Specified In Its Charter) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Dear Shareholders: 2019 was a remarkable year for Vertex as all parts of our business - research, development, commercial and business development - performed at exceptional levels.
    [Show full text]
  • Merck & Co., Inc. and Vertex Announce
    June 22, 2004 Merck & Co., Inc. and Vertex Announce Broad Collaboration to Develop and Commercialize VX-680, a Novel Compound for the Treatment of Cancer Whitehouse Station, NJ and Cambridge, MA, June 22, 2004 -- Merck & Co., Inc. (NYSE: MRK) and Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) announced today that they have entered into a global collaboration to develop and commercialize VX-680, Vertex's lead Aurora kinase inhibitor that is expected to enter clinical development this year for the treatment of cancer. Under the terms of the agreement, Vertex will receive a $20 million up-front payment and an additional $14 million in research funding over the next two years. In addition, Vertex could receive as much as $350 million in milestone payments, including $130 million for the successful development of VX-680 in the first oncology indication and additional milestone payments for development of VX-680 and follow-on compounds in subsequent major oncology indications. Merck will be responsible for clinical development and commercialization of VX-680 worldwide and will pay Vertex royalties on product sales. In addition, the companies will conduct a joint research program to characterize VX-680's activity across a broad range of cancer types as well as to identify follow-on drug candidates directed at Aurora kinases, using molecular profiling approaches and microarray technologies pioneered by Merck. Merck will fund research conducted jointly by the two companies, and lead the clinical development of VX-680 and any subsequent compounds selected from the joint research program, with development input from Vertex. Vertex will have an opportunity to negotiate a co-promotion agreement with Merck prior to commercialization.
    [Show full text]
  • Janssen Pharmaceutica Announces Collaboration with Vertex Pharmaceuticals to Develop and Commercialize VX-950 for Treatment of Hepatitis C
    Janssen Pharmaceutica Announces Collaboration with Vertex Pharmaceuticals to Develop and Commercialize VX-950 for Treatment of Hepatitis C - Janssen Obtains Exclusive Rights in Europe and Other Regions - NEW BRUNSWICK, N.J., June 30, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Johnson & Johnson (NYSE: JNJ) announced today that Janssen Pharmaceutica N.V., a Johnson & Johnson company, has entered into a collaboration with Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) to develop and commercialize Vertex's investigational hepatitis C virus (HCV) protease inhibitor, VX-950. Under the agreement, Janssen will have exclusive rights in Europe, South America, the Middle East, Africa and Australia. Vertex will retain exclusive commercial rights to VX-950 in North America. Tibotec Pharmaceuticals, Ltd., another Johnson & Johnson company, will lead the development and commercialization of VX-950 for Janssen. Terms of the Agreement Terms of the transaction include a before-tax upfront payment of $165 million, which will be expensed in the second quarter. In addition, there will be additional payments contingent upon successful development, approval and launch of VX-950 in the regions where Janssen has commercial rights and reimbursement of certain drug development costs. The agreement also includes a royalty on product sales in Europe, South America, the Middle East, Africa and Australia. The Company anticipates that the $165 million payment will largely be offset by other non-recurring gains recognized over the balance of the year. Therefore, this transaction is not expected to impact full year guidance. About VX-950 VX-950 is an investigational oral inhibitor of hepatitis C virus protease, an enzyme essential for viral replication, and is one of the most advanced investigational agents that specifically targets HCV.
    [Show full text]