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Biotech / Medical : Icagen (ICGN)

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To: scaram(o)uche who wrote (7)6/26/2009 4:26:09 PM
From: fred hayes  Read Replies (2) of 11
 
Ya, heres some stuff from latest VRTX 10k

In the fourth quarter of 2005, GlaxoSmithKline and the Company entered into a collaborative agreement to develop and commercialize VX-409 and certain back-up compounds, which were being investigated for the treatment of pain. Under the terms of the agreement, GlaxoSmithKline had the exclusive right and license to develop and commercialize VX-409 and certain back-up 2007 and 2006, respectively. Development under the collaborative agreement terminated in the fourth quarter of 2007, and the Company earned no revenues under this agreement in 2008.
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