>Drugmaker Biogen Idec Inc. has purchased the rights to three neurodegenerative disease programs from Neurimmune Holding AG, which it had been partnering with to develop the drugs, the companies said in a statement today.
Biogen, based in Cambridge, Massachusetts, will pay Schlieren, Switzerland-based Neurimmune $32.5 million, and up to $395 million more in contingent payments, for three research programs focused on Parkinson’s disease, Alzheimer’s disease, and amyotrophic lateral sclerosis, also known as ALS or Lou Gehrig’s disease.
“The unmet medical need among patients suffering from devastating neurodegenerative diseases is high,” said Alfred Sandrock, senior vice president of neurology research and development at Biogen. As many as 5 million Americans suffer from Alzheimer’s, according to the Centers for Disease Control and Prevention in Atlanta.
The two companies partnered in 2007 to work on Alzheimer’s disease treatments, according to the statement. Biogen will be responsible for commercializing the products and will own the worldwide rights to the drugs, which have not yet entered clinical testing. Neurimmune, a closely held Swiss drug developer, will continue to research other potential treatments.
Sabrina Parker loses her battle against ALS and dies at the age of 16
Sabrina Parker led a short but hard life, battling against the life threatening disease of Amyotrophic Lateral Sclerosis (ALS)
Sabrina Parker had all that she could ask for; a caring family, great friends, a considerate and loving boyfriend – but what she did not have was a normal, healthy life.
Sabrina Parker was a 16-year-old girl from Jacksonville who was suffering from a life-threatening disease called Amyotrophic Lateral Sclerosis (ALS). Sabrina Parker’s mother also suffered from the disease and died at the young age of 24.
Sabrina Parker started showing signs of this disease just months before, but her condition deteriorated very fast. Towards the end of her life, Sabrina Parker even had difficulty doing the normal functions of her life like eating, walking and breathing.
Sabrina Parker was very much loved by her grandparents, friends and boyfriend, who tried to make her life memorable before she left this world.
ALS is also known as Lou GehrigLou Gehrig’s Disease after the famous ballplayer, Lou Gehrig who contracted this disease and died of it at the age of 41 years.