Collaborations & Alliances

Biohaven, BMS Restructure Migraine Alliance

Will pay BMS $50 million upfront in return for a reduction in royalties on sales

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By: Kristin Brooks

Managing Editor, Contract Pharma

Biohaven Pharmaceutical is restructuring its global license agreement with Bristol-Myers Squibb Co. for Biohaven’s small molecule calcitonin gene-related peptide (CGRP) receptor antagonist platform, which includes rimegepant, a potential candidate for the acute treatment of migraine, and BHV-3500, a third-gen antagonist for the acute treatment and prevention of migraine. As part of the restructuring, Biohaven will pay BMS $50 million upfront in return for a reduction in royalties on sal...

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