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Find Drugs in Development News & Deals for Imeglimin Hydrochloride

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Details:

The companies entered into a strategic partnership for the development and commercialization of Twymeeg (imeglimin hydrochloride) in Japan, China, South Korea, Taiwan and nine other Southeast Asian countries.


Lead Product(s): Imeglimin Hydrochloride

Therapeutic Area: Endocrinology Product Name: Twymeeg

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sumitomo Pharma

Deal Size: $299.0 million Upfront Cash: $42.0 million

Deal Type: Partnership June 23, 2021

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Metavant will return all rights to Imeglimin to Poxel, as well as all data, materials, and information, including FDA regulatory filings, related to the program. Metavant is not entitled to any payment from Poxel as part of the return of the program.


Lead Product(s): Imeglimin Hydrochloride

Therapeutic Area: Endocrinology Product Name: Undisclosed

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Metavant Sciences

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Terminated January 14, 2021

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Metavant has conducted a strategic review and has decided not to move forward with the development of Imeglimin. Metavant will actively explore options for a potential out-licensing of Imeglimin rights for a period of 60 day.


Lead Product(s): Imeglimin Hydrochloride

Therapeutic Area: Endocrinology Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sumitomo Pharma Oncology

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 20, 2020

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Phase 3 TIMES 2 and TIMES 3 trial results demonstrate that Imeglimin met its primary endpoints and objectives and was observed to exhibit a favorable safety and tolerability profile.


Lead Product(s): Imeglimin Hydrochloride

Therapeutic Area: Endocrinology Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 24, 2020

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Sumitomo Dainippon Pharma has submitted a Japanese New Drug Application (J-NDA) to the Pharmaceuticals and Medical Devices Agency (PMDA) to request approval for the manufacturing and marketing of Imeglimin for the treatment of type 2 diabetes.


Lead Product(s): Imeglimin Hydrochloride

Therapeutic Area: Endocrinology Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sumitomo Pharma

Deal Size: $21.3 million Upfront Cash: Undisclosed

Deal Type: Agreement July 30, 2020

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Two drug-drug interaction studies assessed the effect of repeated co-administration of commonly prescribed medications, metformin or sitagliptin (Januvia®; Merck & Co.), with Imeglimin.


Lead Product(s): Imeglimin Hydrochloride

Therapeutic Area: Endocrinology Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 20, 2020

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