Latest news with #Camurus
Yahoo
2 hours ago
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Eli Lilly Bets $870 Million on Extended-Release Obesity Drugs
Eli Lilly (NYSE:LLY) lands an $870 million pact with Camurus (CAMX) to build long-acting obesity treatments, tapping FluidCrystalslow-release tech to stretch dosing from days to weeks. Lilly's team will work hand-in-glove with Camurus engineers, adapting the gel-matrix delivery platformalready proven in other therapiesto Lilly's top weight-loss candidates, including Zepbound. Instead of daily or weekly shots, patients could look forward to a monthly injection or even a once-daily pill that behaves like a slow-release depot. The deal kicks off with an upfront payment and scales into development and commercialization milestones, keeping Lilly's risk in check while aligning both firms on successful trial readouts. This move comes as Lilly races against rivals in the booming obesity marketnow set to exceed $50 billion by 2030and follows its own push for an oral GLP-1 option to rival injectables. By offering less-frequent dosing, Lilly hopes to tackle patient drop-off and win market share from peers like Novo Nordisk. Plus, the modified release format could open doors to new payer contracts, since fewer doses often translate to better adherence and lower overall costs. Why It Matters: Extended-release obesity drugs could revolutionize treatment by cutting patient burden and boosting lifetime revenue. Lilly's bet on Camurus' delivery system underscores its commitment to leading the metabolic disease space rather than just competing on molecule potency. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
Eli Lilly Bets $870 Million on Extended-Release Obesity Drugs
Eli Lilly (NYSE:LLY) lands an $870 million pact with Camurus (CAMX) to build long-acting obesity treatments, tapping FluidCrystalslow-release tech to stretch dosing from days to weeks. Lilly's team will work hand-in-glove with Camurus engineers, adapting the gel-matrix delivery platformalready proven in other therapiesto Lilly's top weight-loss candidates, including Zepbound. Instead of daily or weekly shots, patients could look forward to a monthly injection or even a once-daily pill that behaves like a slow-release depot. The deal kicks off with an upfront payment and scales into development and commercialization milestones, keeping Lilly's risk in check while aligning both firms on successful trial readouts. This move comes as Lilly races against rivals in the booming obesity marketnow set to exceed $50 billion by 2030and follows its own push for an oral GLP-1 option to rival injectables. By offering less-frequent dosing, Lilly hopes to tackle patient drop-off and win market share from peers like Novo Nordisk. Plus, the modified release format could open doors to new payer contracts, since fewer doses often translate to better adherence and lower overall costs. Why It Matters: Extended-release obesity drugs could revolutionize treatment by cutting patient burden and boosting lifetime revenue. Lilly's bet on Camurus' delivery system underscores its commitment to leading the metabolic disease space rather than just competing on molecule potency. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
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Lilly partners with Camurus in search of a long-lasting obesity drug
This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. Looking to defend its giant cardiometabolic health franchise, Eli Lilly is licensing a technology from Swedish biotechnology firm Camurus that promises to produce longer-acting medications. Camurus' FluidCrystal technology is designed to methodically release a therapeutic drug substance into the body over a period of days or months. After an injection, the solution interacts with bodily fluids to transform into a liquid crystalline gel. The gel holds the active ingredient and then slowly degrades, releasing medicine. The deal includes an unspecified upfront payment as part of an initial package that may be worth as much as $290 million, Camurus said Tuesday. That figure also includes payments for reaching certain development and regulatory milestones. Another $580 million could be available for meeting sales goals, along with mid-single digit royalties for successful products. Lilly and rival Novo Nordisk revolutionized diabetes and obesity treatment over the last few years with GLP-1 medicines that opened up one of the biggest markets the pharmaceutical industry has ever seen. In the first quarter alone, Lilly raked in more than $6 billion from sales of tirzepatide, sold as Mounjaro for diabetes and Zepbound for obesity. Novo brought in even more from its Ozempic and Wegovy. Now Lilly and Novo are faced with defending the market as a raft of competitors vie to offer newer and better options. Both companies have bulked up their pipelines; Lilly recently claimed success in a Phase 3 trial of a GLP-1 medicine that can be taken in pill form instead of injection. It also has a triple-acting drug in development and a number of other experimental medicines that work differently. The Camurus deal allows Lilly to apply the long-acting technology to as many as four of its drug compounds. That may help the company stave off competitors such as Metsera, which in January announced promising research for its experimental long-acting GLP-1 shot. Meanwhile, Roche recently announced a $1.65 billion deal to expand its obesity pipeline and Amgen and Viking Therapeutics are both moving into late-stage studies of potential rival treatments. Companies are also working on ways to augment the Lilly and Novo medicines. Veru is testing a drug designed to help preserve muscle when taken with Novo's Wegovy. Regeneron and others are conducting similar research. Recommended Reading Novo inks Ascendis deal to develop long-acting GLP-1, other metabolic drugs
Yahoo
6 days ago
- Business
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Camurus and Lilly enter collaboration and license agreement for long-acting FluidCrystal® incretins
Partnership focused on development of long-acting therapies based on Camurus' FluidCrystal® technology and Eli Lilly's proprietary drug compounds Camurus eligible to receive up to $870 million in potential development and sales milestone payments and mid-single-digit royalty LUND, Sweden and INDIANAPOLIS, June 3, 2025 /PRNewswire/ -- Camurus (NASDAQ STO: CAMX) and Eli Lilly and Company ("Lilly") have entered a collaboration and license agreement, granting Lilly exclusive, worldwide rights to the research, development, manufacture, and commercialization of long-acting incretin products for cardiometabolic health based on Camurus' FluidCrystal technology. The agreement comprises up to four Lilly proprietary drug compounds.* "We are pleased to enter into this collaboration with Lilly to bring innovative long-acting treatment options to people living with obesity, diabetes, and other serious chronic diseases", said Fredrik Tiberg, President & CEO, CSO of Camurus. "Through the collaboration with Lilly, a global leader in the metabolic disease area, we leverage our FluidCrystal technology in rapidly expanding indication areas impacting hundreds of millions of people, while maintaining our own commercial focus on CNS and rare diseases." In return for granting Lilly the license to use the FluidCrystal technology for the selected incretin drug compounds for cardiometabolic health, Camurus is eligible to receive up to $290 million in upfront, development, and regulatory milestone payments as well as $580 million in sales-based milestone payments and tiered mid-single digit royalties on global net product sales. *Selected from dual GIP and GLP-1 receptor agonists, triple GIP, glucagon and GLP-1 receptor agonists, and an option to include amylin receptor agonists. For more informationFredrik Tiberg, President & CEOTel. +46 (0)46 286 46 Fredrik Joabsson, Chief Business Development OfficerTel. +46 (0)70 776 17 37ir@ About FluidCrystal Camurus' proprietary FluidCrystal technology is designed to deliver therapeutic levels of drug substance over extended periods - from days to months - with a single injection using a prefilled syringe or autoinjector pen. Upon contact with bodily fluids in the tissue, the lipid solution transforms into a liquid crystalline gel that quickly and effectively encapsulates the active ingredient. As the liquid crystalline matrix gradually degrades in the tissue, the drug is slowly released. The technology is commercially and regulatory validated by market approvals and product sales in Europe, the US, and Australia. About Camurus Camurus is an international, science-led biopharmaceutical company committed to developing and commercializing innovative, long-acting medicines for improving the lives of patients with severe and chronic diseases. New drug products with best-in-class potential are conceived based on the company's proprietary FluidCrystal® technology and its extensive R&D expertise. The R&D pipeline includes products for the treatment of dependence, pain, cancer, and endocrine diseases. Camurus has operations across Europe, the US, and Australia, with headquarters in Lund, Sweden. The company's shares are listed on Nasdaq Stockholm under the ticker CAMX. For more information, visit and LinkedIn. This information is information that Camurus AB is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the managing director, at 7.45 pm CET on 3 June 2025. CONTACT: This information was brought to you by Cision The following files are available for download: Press release View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
