Search
Diabetes News

Please configure this ad tag

OSI Pharmaceuticals Grants License to Bristol-Myers Squibb under Dipeptidyl Peptidase IV (DPIV) Patent Portfolio for the Treatme

Posted by dlife on Wed, Feb 01, 12, 07:01 AM 0 Comment

December 14, 2006 (BIOWIRE) - OSI Pharmaceuticals, Inc. announced today that its diabetes and obesity subsidiary, (OSI) Prosidion, has granted Bristol-Myers Squibb Company a worldwide non-exclusive license under its DPIV patent portfolio for the development and commercialization of DPIV inhibitors for the treatment of type 2 diabetes and related indications. OSI will receive an upfront payment, as well as potential future milestone and royalty payments. Additional financial terms were not disclosed. "We are pleased to see the expanded use of this patent estate as new products in the significant emerging market for DPIV inhibitors are being brought forward," stated Anker Lundemose, M.D., Ph.D., President of (OSI) Prosidion. "A number of non-exclusive licenses to our DPIV technology have now been granted and OSI expects to grant additional non-exclusive licenses in the future."



OSI's DPIV patents which are the subject of the license, include issued patents and pending patent applications corresponding to WO 97/40832, WO 99/38501, WO 01/72290, WO03/015775 and WO 04/017989, with claims covering DPIV as a target for anti-diabetes therapy and the use of combinations of DPIV inhibitors with other anti-diabetes drugs such as metformin. Saxagliptin, an investigational compound currently in Phase III development by Bristol-Myers Squibb for the treatment of type 2 diabetes, is included within the scope of this license.

Email this

Please configure this ad tag

Sign up for FREE dLife Newsletters

dLife Membership is FREE! Get exclusive access, free recipes, newsletters, savings, and much more! FPO

Congratulations!
You are subscribed!
Congratulations!
You are subscribed!
Congratulations!
You are subscribed!

dLife Weekly Poll

Do you have all the doctors you need on your diabetes care team?

Please configure this ad tag

40 Views 0 comments
by Lindsey Guerin
I am in desperate need of a nap. Between frequent bathroom trips and constant tossing and turning overnight, my sleep has dwindled. But what do you expect at almost 33 weeks pregnant? My whole body is tired these days though. Two weeks ago, a mix of severe lightheadedness and some weird blood pressure readings at home had my doctor send me to Labor & Delivery for a couple of hours of observation. My blood pressure was fine while at the hospital and I haven’t been checking as...
  • Watch dLifeTV online now!

    Click here for more info
  • Join the #1 Diabetes Community.

    Join Today!
  • Everything you need to know about Insulin.

    Click here