Trimeris

News

AIDS drug company Trimeris to merge with Synageva

AIDS drug company Trimeris‘s (NASDAQ:TRMS) plan to merge with drug development company Synageva BioPharma would give Durham, North Carolina-based Trimeris the buyer it has been seeking and it would provide privately held Synageva a public listing and a U.S. Food and Drug Administration-approved drug. Under terms of the all-stock deal, Synageva will own 75 percent […]

Pharma

AIDS drug company Trimeris gets $4.9M in settlement with Roche

AIDS drug company Trimeris (NASDAQ:TRMS) is getting $4.9 million from partner Roche (OTC:RHBBY)  to settle a royalties dispute regarding the AIDS drug Fuzeon. Durham, North Carolina-based Trimeris and Swiss pharmaceutical giant Roche have clashed over Fuzeon royalty payments since 2009. Under a development and license agreement between the companies, Fuzeon is manufactured by Roche and […]