Allergan, Senju Pharmaceutical to market Lumigan in Japan
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OSAKA, Japan Allergan Inc. and Senju Pharmaceuticals have agreed to jointly develop and market Lumigan for the Japanese glaucoma market, the companies announced.
Lumigan (bimatoprost ophthalmic solution, 0.03%) is currently in phase 3 clinical development in Japan, with market approval expected in 2007, the companies said in a joint press release.
According to the press release, Senju will be responsible for development and commercialization of Lumigan in Japan and will incur the associated costs. Senju will provide Allergan with an up-front payment as well as milestone payments related to development and commercialization. Senju will also pay royalties to Allergan based on Japanese drug sales following commercialization. Both companies will work together on overall product strategy and management, the release said.