Navigation Links
Cornerstone Therapeutics Licenses Alpha-7 Technology to Targacept
Date:8/3/2010

CARY, N.C., Aug. 3 /PRNewswire-FirstCall/ -- Cornerstone Therapeutics Inc. (Nasdaq: CRTX) ("Cornerstone" or the "Company"), a specialty pharmaceutical company focused on acquiring, developing and commercializing significant products primarily for the respiratory and related markets, today announced that the Company has licensed to Targacept, Inc. ("Targacept") the worldwide rights to its nicotinic-receptor based patents and library of preclinical compounds that target the alpha-7 or other nicotinic receptors originally licensed to Cornerstone from the Feinstein Institute for Medical Research.  

Under the terms of the agreement, Cornerstone will receive an upfront payment of $1.5 million and is eligible for success-based milestone payments ranging from up to $45.6 million to up to $74.9 million, depending on which of two specified lead compounds is progressed by Targacept.  The potential milestone payments are comprised of $1.1 million to $1.4 million through Phase 2 clinical proof of concept, $9.5 million to $18.5 million in later-stage pre-commercialization milestones and $35.0 million to $55.0 million in sales-based milestones.  If Targacept develops other compounds covered by the licensed patents, Cornerstone is also eligible for lower success-based milestone payments for each other compound.  Cornerstone will receive low single digit royalties based on any future net sales of licensed products.

"We are excited to enter this agreement with Targacept for the development of our alpha-7 program,
'/>"/>

SOURCE Cornerstone Therapeutics Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Cornerstone Pharmaceuticals Adds Acclaimed Cancer Research Pioneer Robert A. Weinberg, Ph.D. to Its Scientific Advisory Board
2. Cornerstone Therapeutics to Host Conference Call to Discuss Financial Guidance for 2010
3. Cornerstone Therapeutics Provides a Response to FDA Warning Letter on Deconsal
4. Cornerstone Therapeutics to Present at the 30th Annual Cowen & Company Health Care Conference
5. Cornerstone Therapeutics to Host First Quarter 2010 Conference Call
6. Cornerstone Therapeutics To Present at Deutsche Banks 35th Annual Healthcare Conference
7. Cornerstone Therapeutics Announces Management Change
8. Cornerstone Therapeutics to Host Second Quarter 2010 Conference Call
9. Cornerstone Therapeutics Announces Collaboration with The Cough Company
10. Vicus Therapeutics to Present at the 234th American Chemical Society National Meeting in Boston, MA
11. Allos Therapeutics Initiates Study of PDX in Patients with Cutaneous T-Cell Lymphoma
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2014)... , July 28, 2014  Air Products (NYSE: ... supply of medical oxygen is vital to any healthcare ... innovations that not only improve the efficiency of its ... Products will highlight these systems—including systems for emergency ... oxygen loss—from August 4-5 at the 51 st ...
(Date:7/28/2014)... 2014 Southern Research Institute today announced ... and CEO of Southern Research Institute, has been ... for the 2014-2015 term.  The inauguration took place ... in Chicago with attendees ... The Controlled Release Society is an international, interdisciplinary, ...
(Date:7/28/2014)... July 28, 2014  A prospective study conducted ... has validated the performance of VolparaDensity ... has associated volumetrically assessed breast density measurements to ... Biomarkers & Prevention (DOI: 10.1158/1055-9965.EPI-13-1219), the article, ... for widespread breast cancer risk assessment," was authored ...
Breaking Medicine Technology:Air Products Highlights Its Medical Oxygen Supply Systems for Emergency Oxygen Supply and Reduced Oxygen Loss at ASHE 2Air Products Highlights Its Medical Oxygen Supply Systems for Emergency Oxygen Supply and Reduced Oxygen Loss at ASHE 3Arthur J. Tipton, Ph.D., Named President of Controlled Release Society 2Arthur J. Tipton, Ph.D., Named President of Controlled Release Society 3Karolinska Study Published in Cancer Epidemiology, Biomarkers & Prevention Validates Strong Agreement for VolparaDensity across Mammography Systems from Multiple Manufacturers 2Karolinska Study Published in Cancer Epidemiology, Biomarkers & Prevention Validates Strong Agreement for VolparaDensity across Mammography Systems from Multiple Manufacturers 3Karolinska Study Published in Cancer Epidemiology, Biomarkers & Prevention Validates Strong Agreement for VolparaDensity across Mammography Systems from Multiple Manufacturers 4
... , MADISON, N.J., Nov. ... the world,s leading provider of diagnostic testing, information and services, ... Annual Piper Jaffray Healthcare Conference in New York City. ... 9:30 a.m. Eastern Time. , During the conference, the company ...
... , POTOMAC, Md., Nov. 24 ... Diane Wisneski has added Philadelphia jurors to her Thanksgiving gratitude ... just choice. I am so thankful to them," she said ... Pharmaceuticals. , Wisneski is among 12,000 women nationwide who ...
Cached Medicine Technology:Quest Diagnostics To Speak At The 21st Annual Piper Jaffray Healthcare Conference 2Maryland Woman Thankful for Wyeth Verdicts 2
(Date:7/29/2014)... (PRWEB) July 29, 2014 The Eleventh ... Venture Summit concluded with the $10,000 prize being presented ... ( http://www.bikanta.com ) , The 11th Annual Summit was ... with entrepreneurs who can bring innovative products and services ... are pleased to have had such excellent array of ...
(Date:7/29/2014)... (PRWEB) July 29, 2014 Lean and Lovely, ... choice for women who want to wear a bikini in ... Stan Stevenson, prompting an investigative review. , “Our Lean ... designed for women at all fitness levels. Neither your age ... how unfit your body is at the beginning, you will ...
(Date:7/29/2014)... July 29, 2014 Consilium Staffing, Your Partner ... at the halfway point of 2014, with strong indications the ... second half of this year. , “This is a great ... President of Consilium Staffing. , “We are proud of ... year, but we are even more excited about how things ...
(Date:7/29/2014)... 29, 2014 The Multiple System Atrophy ... announced the appointment of five new members to its ... announced the election of its executive directors. The ... members and 2 Physician Advisors. These 12 dedicated ... mission of education, support, advocacy and research funding for ...
(Date:7/29/2014)... 2014 Launched in 2012 by veteran ... 20,000 hangovers earlier this year at its Vegas location. ... and the publication of research data related to the ... , The only licensed medical practice dedicated to the ... in 2012 and treated thousands of patients within the ...
Breaking Medicine News(10 mins):Health News:Silicon Valley Boomer Venture Summit Names Bikanta Competition Winner 2Health News:Lean and Lovely: Review Examining Neghar Fonooni’s Program Released 2Health News:Consilium Staffing Experiences Significant Revenue Growth 2Health News:The Multiple System Atrophy Coalition Appoints Five New Members to Board of Directors 2Health News:The Multiple System Atrophy Coalition Appoints Five New Members to Board of Directors 3Health News:The Multiple System Atrophy Coalition Appoints Five New Members to Board of Directors 4Health News:Hangover Heaven Surpasses 20,000 Hangovers 2Health News:Hangover Heaven Surpasses 20,000 Hangovers 3
... SALT LAKE CITY Researchers have found that a synthetic ... wort, may be a promising treatment for patients with recurrent ... 31, 2011 in the journal Cancer . ... are largely incurable cancers with a poor prognosis. An estimated ...
... In a first-of-its-kind study with nuts, randomized controlled-feeding ... the United States Department of Agriculture (USDA) found that ... the body. The findings indicate that pistachios may ... further validating pistachios as one of the lowest ...
... new analysis has found that childhood cancer survivors often ... their attention and memory. Published early online in ... Society, the study indicates that addressing sleep hygiene among ... cognitive health. Cognitive problems, such as trouble ...
... C.S. Lewis, the famous author and Oxford academic, once proclaimed ... a book long enough to suit me." We sip it ... biscuits in the afternoon, and relax with it at the ... integral infusion worldwide, carrying both epicurean and economic significance. But, ...
... than a "fat" tax for deterring overweight people from making ... A survey of 364 shoppers in random Alberta grocery stores ... for junk food, shoppersincluding those with the heaviest body mass ... and included a note that the item was being taxed ...
... It is important that the United States begin to live within ... that as a nation we need to be smart about how ... understanding of what it means for America,s future jeopardizes the very ... than half a century, science and technology have been the primary ...
Cached Medicine News:Health News:Scientists find potential benefit of hypericin for recurrent brain tumors 2Health News:Pistachios deliver weight management support, heart health benefits 2Health News:Sleep issues contribute to cognitive problems in childhood cancer survivors 2Health News:Green tea and tai chi enhance bone health and reduce inflammation in postmenopausal women 2Health News:Green tea and tai chi enhance bone health and reduce inflammation in postmenopausal women 3Health News:Warning labels better than a fat tax, University of Alberta study shows 2Health News:US House budget plans would jeopardize scientific research facilities 2
... Knee System is designed to provide the ... of clinical indications. Based on the clinically ... 1984, P.F.C. SIGMA continues a history of ... designed to address implant longevity by maximizing ...
The Biopro Modular TKO implant is among the thinnest bone conserving Posterior Cruciate Ligament sparing knees available. It provides all the benefits of the Biopro TKO implant and gives the option o...
... allows for full interchangeability between femoral ... offers a one-piece molded tibial component ... component as well as modular capability.,The ... in total knee replacement when primary ...
Tibial distractor...
Medicine Products: