Cubist Pharmaceuticals has acquired the remaining rights to ceftolozane for the treatment of urinary tract infections, in certain Asia-Pacific and
Middle East territories from Astellas Pharma Inc. Cubist will now
own worldwide rights to develop, manufacture and commercialize the drug,
which in combination with tazobactam is currently being studied in two
third-round trials as a potential first-line intravenous therapy for
treating complicated intra-abdominal infections and urinary tract
infections.
Cubist previously obtained the rights, outside of the specific Asia-Pacific and Middle East regions, to develop and commercialize the drug through its acquisition of Calixa Therapeutics Inc. in December 2009.
Under terms of the agreement, Astellas will receive an upfront
payment of $25 million, and sales of the drug made in the newly-obtained
territories will be counted toward the existing commercial milestone
and royalty terms of the original agreement, officials said. Cubist
added it will fund the upfront payment with cash on hand.
Cubist previously obtained the rights, outside of the specific Asia-Pacific and Middle East regions, to develop and commercialize the drug through its acquisition of Calixa Therapeutics Inc. in December 2009.
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