Manufacture •
Eli Lilly and Company is responsible for the manufacture and supply of Erbitux in bulk-form active pharmaceutical ingredient (API) for clinical and commercial use in the U.S. and Canada. •
Merck KGaA manufactures Erbitux for supply in its territory (outside the U.S. and Canada) as well as for Japan.
Distribution • Erbitux is marketed in the U.S. and Canada by Eli Lilly. • Outside the U.S. and Canada, Erbitux is commercialized by Merck KGaA. Eli Lilly receives royalties from Merck KGaA. • A separate agreement grants co-exclusive rights among Merck, Bristol-Myers Squibb and Eli Lilly in Japan and expires in 2032. Merck KGaA had 887 million euros ($1.15 billion) in Erbitux sales in 2012, from head and neck as well as bowel cancer, while Bristol-Myers Squibb generated $702 million in sales from the drug. Erbitux was the eighth best-selling cancer drug of 2013, with sales of $1.87 billion.
Biosimilars , there are no biosimilars of cetuximab.
Insider trading Cetuximab failed to get FDA approval in 2001, which caused the stock price of the developer
ImClone to drop dramatically. Prior to the announcement, several executives sold stock, and the SEC launched an investigation into
insider trading. This resulted in a widely publicized criminal case, which resulted in prison terms for media celebrity
Martha Stewart, ImClone chief executive officer
Samuel D. Waksal and Stewart's broker at
Merrill Lynch, Peter Bacanovic. ==Research==