Business

Aculys Pharma has acquired development and commercialization rights to Neurelis's Valtoco diazepam nasal spray in Japan, Australia, and other Asia-Pacific countries, including New Zealand, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, South Korea, Thailand and Vietnam. Aculys, which launched in 2021, describes itself as "a biopharmaceutical … [Read more...] about Aculys Pharma gets rights to Valtoco nasal spray in Japan, Australia, and other Asia-Pacific countries

Glenmark Pharmaceuticals announced that Lotus International, a wholly owned subsidiary of Lotus Pharmaceutical, has acquired the rights to commercialize Ryaltris olopatadine hydrochloride / mometasone furoate nasal spray in Singapore, Hong Kong and Vietnam. Lotus will make an upfront payment as well as future payments based on regulatory and sales milestones. Glenmark … [Read more...] about Lotus gets rights to market Ryaltris nasal spray in Singapore, Hong Kong, and Vietnam

According to Pneumagen, the company has closed a £3.8 million funding round led by Thairm Bio and Scottish Enterprise, with proceeds intended to fund GMP manufacturing and Phase 2 development of its Neumifil carbohydrate binding module (mCBM) nasal spray for the prevention of respiratory viruses. Pneumagen initiated a Phase 1 study of Neumifil in November 2021 and … [Read more...] about Pneumagen raises £3.8 million for Phase 2 development and manufacturing of Neumifil antiviral nasal spray

Australian biotech Medlab Clinical said that it has received a grant from the New South Wales government for development of a proof-of-concept intranasal vaccine based on its NanoCelle "sub-micron delivery platform" technology. The company added that it will develop the vaccine in partnership with OINDP specialist Daniela Traini of the Woolcock Institute of Medical … [Read more...] about Medlab Clinical gets grant from NSW government for intranasal RNA vaccine against COVID-19

Open Orphan spin-out Poolbeg Pharma said that it has acquired an exclusive license for an intranasal RNA-based immunotherapy for the prevention and treatment of viral respiratory infections from the University of Warwick. According to the company, in vivo studies have demonstrated that the antiviral, which Poolbeg is calling POLB 002, has the potential to be effective … [Read more...] about Poolbeg Pharma licenses intranasal antiviral from the University of Warwick

Covis Pharma Canada announced that it has signed a 7-year promotion and distribution agreement with Novartis Pharmaceuticals Canada for exclusive rights to Seebri Breezhaler glycopyrronium DPI and Ultibro Breezhaler indacaterol / glycopyrronium for the treatment of COPD in Canada. In November 2021, Covis announced that it had acquired global rights to market … [Read more...] about Covis to distribute Seebri Breezhaler and Ultibro Breezhaler in Canada

Pfizer is paying Biohaven Pharmaceutical a total of $500 million upfront plus up to $740 million in potential milestone payments for the rights to market Biohaven's rimegepant (Nurtec ODT) and zavegepant (BHV-3500) outside of the US. Rimegepant is an oral drug approved in the US and several other countries for the prevention and treatment of migraine; zavegepant is a … [Read more...] about Pfizer gets ex-US rights to Biohaven’s zavegepant nasal spray

MannKind Corporation said that it has purchased an additional convertible note issued by Thirona Bio, and MannKind CEO Michael Castagna has joined the Thirona board of directors, extending a June 2021 deal between the two companies for development of an inhaled dry powder formulation of Thirona's FBM5712 TGF-β inhibitor. As part of that deal, MannKind acquired an … [Read more...] about MannKind announces further investment in Thirona Bio