Breaking News, Collaborations & Alliances

Ligand, Omthera Ink Cholesterol Drug R&D Alliance

Will employ Ligand’s LTP Technology to improve lipid-lowering activity

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By: Kristin Brooks

Managing Editor, Contract Pharma

Ligand Pharmaceuticals has entered into a licensing agreement and research collaboration with Omthera Pharmaceuticals, a subsidiary of AstraZeneca, to develop cholesterol medications to treat dyslipidemia, including hypertriglyceridemia. The research will target the development of novel products using Ligand’s LTP Technology to improve lipid-lowering activity of certain omega-3 fatty acids.   Ligand will be eligible to receive payments of as much as $44.5 million for the achievement of certain m...

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