BY FACSIMILE AND EXPRESS MAIL CONFIDENTIAL Peter A. Lankau President and CEO Endo Pharmaceuticals Inc. Chadds Ford, PA 19317 Re: Amendment 4 to Development, Commercialization and Supply License Agreement Dear Peter:
Exhibit 10.42.5
April 26, 2007
BY FACSIMILE AND EXPRESS MAIL
CONFIDENTIAL
Xxxxx X. Xxxxxx
President and CEO
Endo Pharmaceuticals Inc.
000 Xxxx Xxxxxxxxx
Xxxxxx Xxxx, XX 00000
Re: Amendment 4 to Development, Commercialization and Supply License Agreement
Dear Xxxxx:
Reference is made to the Development, Commercialization and Supply License Agreement between Endo Pharmaceuticals Inc. (“Endo”) and DURECT Corporation (“DURECT”) effective November 8, 2002, as last amended January 20, 2006 (“Agreement”). Effective on the date written above, Endo and DURECT hereby agree to amend the Agreement as follows:
1. | Amendment to Section 4.6(a). Section 4.6(a) of the Agreement shall be amended to replace each instance of “May 1, 2007” with “May 1, 2008”. |
2. | Amendment to Section 4.6(c). Section 4.6(c) of the Agreement shall be amended to replace each instance of “May 1, 2007” with “May 1, 2008” and each instance of “March 31, 2007” with “March 31, 2008”. |
3. | Amendment to Section 13.3(e). Section 13.3(e) of the Agreement shall be amended to replace “March 31, 2007” with “March 31, 2008” and “April 30, 2007” with “April 30, 2008”. |
Except as set forth above, all other terms of the Agreement shall remain the same. Please sign below to indicate Endo’s agreement to the foregoing.
Very truly yours, |
/s/ XXXXX X. XXXXX |
Xxxxx X. Xxxxx |
President and CEO |
AGREED TO BY ENDO: | ||
By: | /s/ XXXXX X. XXXXXX | |
Xxxxx X. Xxxxxx | ||
President and CEO | ||
Date: | April 30, 2007 |