Pharma BD Deal Intelligence

Allergan plc / Merck & Co., Inc. (CGRP receptor antagonist program)

2015 · Licensing/Option · $250M · Complete

CALLED IT — OFF BY 10
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The coverage arc

Jul 07, 2015 Allergan plc Form 8-K (Exhibit 99.1) Bullish

Allergan 8-K exhibit announcing the licensing agreement to obtain exclusive worldwide rights to Merck's CGRP migraine development program, $250 million upfront…

Jul 08, 2015 European Pharmaceutical Review Neutral

Reports Allergan will acquire exclusive worldwide rights to Merck's investigational oral CGRP receptor antagonists for the treatment and prevention of migraine…

Sep 26, 2018 BioPharma Dive Bullish

Atogepant's Phase 3 success validated Allergan's CGRP thesis despite intensifying mAb competition from Aimovig, Emgality, and Ajovy launching ahead of the…

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Allergan acquired exclusive worldwide rights to Merck's small-molecule oral CGRP receptor antagonist portfolio for $250M upfront plus undisclosed development and commercial milestones. Programs later approved as Ubrelvy (ubrogepant, 2019) and Qulipta (atogepant, 2021).

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Key facts

Related deals — scored

DealYearValueOutcome
Allergan plc / Merck & Co., Inc. (CGRP receptor antagonist program) (this deal)2015$250M91
Allergan plc / SkinMedica, Inc.2012$375M55
Allergan plc / Inamed Corporation2005$3.2B50
Allergan plc / Oculeve, Inc.2015$250M33
Allergan plc / Zeltiq Aesthetics, Inc.2017$2.5B32
Allergan plc / Kythera Biopharmaceuticals, Inc.2015$2.1B23
Allergan plc / Anterios, Inc.2016$90M19

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