Denmark’s Lundbeck buys rights to Merck & Co’s antipsychotic Sycrest - Pharmaceutical and Biotechnology News - Pharma Letter: "Danish drugmaker Lundbeck A/S (LUND: DC) announced a worldwide commercialization agreement with US drugs giant Merck & Co (NYSE: MRK) for the latter’s antipsychotic drug Sycrest (asenapine) sublingual tablets (5mg, 10mg).
Under the terms of the deal, Lundbeck will pay an undisclosed fee as well as product supply payments in exchange for exclusive commercial rights to the drug in all markets outside the USA, China and Japan, which Merck will retain.
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