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Lundbeck partners shelved insomnia agent gaboxadol with Ovid in two new indications

Executive Summary

H. Lundbeck AS licensed Ovid Therapeutics Inc. exclusive worldwide rights to develop and sell the highly selective extrasynaptic GABA-A agonist gaboxadol for the orphan diseases Angelman and Fragile X syndromes. Ovid renamed the candidate OV101.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Equity
    • Includes Royalty or Profit Split Information
    • R&D and Marketing (Licensing)
    • Reverse Licensing

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