3 ms·
Johnson & Johnson own the rights to this drug they purchased it sometime ago I believe.
by mrkmcknz 14y ago
Johnson & Johnson own the rights to this drug they purchased it sometime ago I believe.
- ars 14y agoYah, it was discovered in 1990, and goes off patent in 2 years.
- pbhjpbhj 14y agoThe Wikipedia article for https://en.wikipedia.org/wiki/Abiraterone https://en.wikipedia.org/wiki/Abiraterone says that they acquired the license to produce the drug based on acquisition of a licensee. If true then they have licensed a right rather than owning "the rights". Possibly J&J "invented" a novel therapeutic use for the drug and so gained a further patent? As charities are required to open their accounts in the UK then presumably the amount the licensee paid to Cancer Research UK is part of the public record. It would be interesting to read the terms and the fee involved; presumable Cancer Research would only give an exclusive license for a very generous consideration otherwise they might be in the position of being locking up a useful drug that was paid for by charitable giving and presumably that would be so contrary to their principles. I wonder if they have an SPC in the UK?