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Basilea Pharmaceutica

U.S. trade commission ends waiting period for drug companies' collaboration

Published in Medicine and Law Weekly, January 14th, 2005

The U.S. Federal Trade Commission recently announced that it granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to a notification and report filed by Johnson & Johnson and Basilea Pharmaceutica AG.

Basilea and Ortho-McNeil Pharmaceutical, Inc, a Johnson & Johnson company, are in negotiations related to a potential license agreement on Basilea's phase 3, broad-spectrum cephalosporin antibiotic, ceftobiprole (BAL5788), that has activity against methicillin-resistant Staphylococcus aureus (MRSA).

Basilea has been in discussions with a number of potential partners related to...

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