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rusbrn

08/10/08 6:56 PM

#19785 RE: PATCOcontroller #19784

I am sure someone will give you a more complete answer but I will try. If SGP were to bring to market either of their compounds in Skizo. or Depression they would owe double digit royalty to Cortex going as high as 18%. If they should bring them to market in the US for ADHD they would have to make a deal with Cortex, In Europe there is still some ambiguity about the patent status.
It seems likely they would want one of Cortex's new molecules for any new drug to market because of the extended patent life.
I know you will get a more complete rundown from others and I will read it too.
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gfp927z

08/10/08 7:32 PM

#19786 RE: PATCOcontroller #19784

Patco, Both Org-24448 and Org-26576 are Cortex-developed compounds, and part of the Cortex-Organon partnership agreement. That partnership was for Schizophrenia and Depression. Org-24448 went through a Phase 2 in Schizo, but for Depression, Schering has apparently replaced Org-24448 in favor of Org-26576.

As for ADHD, that indication wasn't part of the original Cortex-Organon partnership, but since Cortex doesn't have a broad use patent for ADHD (due to prior art), Schering can pursue the indication. At minimum, Cortex would be due the royalty/milestone rate that was in the original Cortex-Organon partnership, since the compound (Org-26576) was part of that deal, even though the indication (ADHD) wasn't.

Cortex has some additional leverage, since Org-26576 is an older compound (patent life similar to CX-717, which is approx 2017, plus perhaps 1-2 years), and Cortex now has the newer Ampakines like CX-1739 (more potent, patent life to 2028).

Schering will have its Org-26576 ADHD Phase 2 results in Q1-09. Cortex plans to take CX-1739 into an ADHD Phase 2 in H2-09. If Schering want's to continue in ADHD, they will likely be interested in partnering for CX-1739. Schering really can't afford to leave CX-1739 out there, since Cortex could just partner CX-1739/ADHD with another pharma, and CX-1739 is the more potent compound, with a full 20 year patent life.