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Clinical Data completes Vilazodone manufacturing technology transfer under license with Merck KGaA

Published in Mental Health Business Week, January 27th, 2007

Clinical Data, Inc. (CLDA) announced that it has completed the transfer of the manufacturing technology necessary to produce a commercial supply of vilazodone, its dual serotonergic antidepressant currently in pivotal Phase III clinical trials in the United States.

The company's wholly-owned subsidiary, Genaissance Pharmaceuticals, Inc., acquired the rights to develop and commercialize vilazodone from Merck KGaA of Darmstadt, Germany in September 2004. Under the terms of the license agreement, the company was required to make a milestone payment to Merck for the transfer of the vilazodone manufacturing technology in Clinical Data Common Stock equivalent in value to EUR...

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