Eli Lilly sells European rights to migraine medication for USD 50m

Organon pays Eli Lilly USD 50m here and now for the right to sell the migraine drugs Emgality and Reyvow in Europe. In addition, there are sales-based milestone payments.

Organon pays USD 50m to Eli Lilly for the right to sell the latter's migraine drugs Emgality (galcanezumab) and Reyvow (lasmiditan) in Europe. | Photo: Mike Segar/Reuters/Ritzau Scanpix

by ALBERT RØNNING-ANDERSSON

US-based Organon is continuously exploring opportunities to strengthen its women’s health portfolio, and two migraine drugs from Eli Lilly seem to fit in well with this focus.

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