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Founded Year

2005

Stage

Acq - P2P | Acquired

Total Raised

$86.85M

Valuation

$0000 

About CoLucid Pharmaceuticals

CoLucid Pharmaceuticals (NASDAQ: CLCD) aims to advance drug candidates with the potential to provide safe and effective treatments for CNS disorders. The company's pipeline includes lasmiditan, a treatment for migraine headache. Lasmiditan is a first-in-class Neurally Acting Anti-Migraine Agent (NAAMA) designed to deliver efficacy in migraine without the vasoconstrictor activity associated with previous generations of migraine therapies such as triptans. Lasmiditan is a member of a drug class called "ditans" and, unlike triptans, penetrates the central nervous system (CNS) and selectively targets receptors expressed in the trigeminal pathway. Lasmiditan does not interact with vasoconstrictor receptors on peripheral blood vessels which are activated by triptans.

Headquarters Location

2520 Meridian Parkway Suite 400

Durham, North Carolina, 27713,

United States

919-649-6184

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CoLucid Pharmaceuticals Patents

CoLucid Pharmaceuticals has filed 4 patents.

The 3 most popular patent topics include:

  • Benzamides
  • Fluoroarenes
  • Piperidines
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/5/2017

7/6/2021

Benzamides, Pyridines, Fluoroarenes, Piperidines, Glucocorticoids

Grant

Application Date

12/5/2017

Grant Date

7/6/2021

Title

Related Topics

Benzamides, Pyridines, Fluoroarenes, Piperidines, Glucocorticoids

Status

Grant

Latest CoLucid Pharmaceuticals News

Ildong’s migraine drug patent blocks latecomer’s market entry

Aug 25, 2022

Ildong’s migraine drug patent blocks latecomer’s market entry 바로가기 기자명 Kim Chan-hyuk 닫기 Ildong Pharmaceutical successfully registered a patent on Reyvow Tab. (ingredient: lasmiditan hemisuccinate), a migraine treatment, blocking a possible market entry by a latecomer drugmaker. On Aug. 5, the Ministry of Food and Drug Safety (MFDS) put Ildong’s Reyvow Tab. 100mg and Reyvow Tab. 50mg on the list of patented medicines. The patent is about Reyvow’s pharmaceutical composition. Pharmaceutical’s new migraine treatment Reyvow has been listed as a patent drug. With the successful listing of the patented drug, Ildong holds an exclusive right to the composition of lasmiditan hemisuccinate until April 2, 2030. Ildong took the first step to block a latecomer’s attempt to develop a drug using the same ingredient. CoLucid Pharmaceuticals, a U.S. firm, developed Reyvow as a new migraine treatment. In 2013, Ildong and CoLucid signed an agreement to give Ildong the right to sell drugs in Korea exclusively. However, after Eil Lilly acquired CoLucid, Ildong’s agreement for the sales right of Reyvow applies to Eli Lilly. According to Ildong, lasmiditan is a selective serotonin (5-HT) 1F receptor agonist that lowers neuropeptide release and inhibits pain transmission pathways, including the trigeminal nerve. Existing migraine drugs in the triptan class were limitedly used for patients with cardiovascular diseases, but lasmiditan does not affect the cardiovascular system, Ildong said. Ildong is preparing to release Reyvow in Korea after scoring regulatory approval in May. In 2019, Lilly obtained FDA approval for Reyvow in the U.S. However, Ildong will have to get health insurance benefits for Reyvow to raise prescription sales. Although the Health Insurance Review and Assessment Service’s (HIRA) Drug Reimbursement Evaluation Committee recognized that Reyvow was eligible for reimbursement last month, Ildong did not accept the committee’s proposed reimbursement rate for Reyvow. Industry watchers said Lilly’s stance could have affected Ildong’s refusal. Ildong did not disclose any schedule for a market release of Reyvow. However, as Lilly is expected to win reimbursement for another migraine drug Emgality (galcanezumab), Ildong’s Reyvow will have to get insurance benefits to raise prescriptions. Attention is on whether Ildong will be able to speed up drug price negotiations for Reyvow, after winning the permit and passing the reimbursement review rapidly.

CoLucid Pharmaceuticals Frequently Asked Questions (FAQ)

  • When was CoLucid Pharmaceuticals founded?

    CoLucid Pharmaceuticals was founded in 2005.

  • Where is CoLucid Pharmaceuticals's headquarters?

    CoLucid Pharmaceuticals's headquarters is located at 2520 Meridian Parkway, Durham.

  • What is CoLucid Pharmaceuticals's latest funding round?

    CoLucid Pharmaceuticals's latest funding round is Acq - P2P.

  • How much did CoLucid Pharmaceuticals raise?

    CoLucid Pharmaceuticals raised a total of $86.85M.

  • Who are the investors of CoLucid Pharmaceuticals?

    Investors of CoLucid Pharmaceuticals include Eli Lilly and Company, Domain Associates, Pappas Ventures, Triathlon Medical Venture Partners, Pearl Street Ventures and 8 more.

  • Who are CoLucid Pharmaceuticals's competitors?

    Competitors of CoLucid Pharmaceuticals include Tetraphase Pharmaceuticals, Viamet Pharmaceuticals, Anacor Pharmaceuticals, Alexza Pharmaceuticals, Pozen and 11 more.

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