Lundbeck and Teva hook up in CNS

25 November 1999

Denmark's H Lundbeck has acquired European co-development andmarketing rights to two Parkinson's disease drugs from Israel's Teva Pharmaceutical. The first product, TV 1203, is currently in Phase II studies and is a prodrug of levodopa. The second drug, rasagiline, is a potent inhibitor of monoamine oxidase type B and is in Phase III development. The companies have said they may decide to add another central nervous system product under development to the agreement.

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