Breaking News, Collaborations & Alliances

Wyeth Ends Solvay Collaboration

Wyeth Pharmaceuticals has ended its collaboration agreements with Solvay Pharmaceuticals for the development and commercialization of bifeprunox, an investigational atypical antipsychotic drug, as well as other compounds in earlier stages of development for the potential treatment of schizophrenia and other psychiatric conditions.
   
The collaboration was terminated after Wyeth assessed the opportunity for bifeprunox, and determined it would not have sufficient commercial value for the two companies to share. All development and commercialization rights in North America for bifeprunox, as well as global rights for the other compounds will now revert to Solvay.

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