Stealth will receive up front, development, regulatory & commercial milestones along with royalties on net sales of elamipretide in the licensed territories
Pharmanovia to get an exclusive right to commercialize elamipretide, an investigational mitochondrial protective agent for Barth syndrome in the EU, other EU countries (incl. Iceland, Norway, Switzerland, and the UK) & the MENA
Elamipretide helps to improve mitochondrial structure & function through its interaction with cardiolipin & has completed P-III development for Barth syndrome. Pharmanovia collaborated with regulatory authorities in the EU & MENA to allow access to a first line of treatment for an ultra-rare genetic cardiac condition
Ref: PRNewswire | Image: Stealth BioTherapeutics
Related News:- Alexion Signs an Option to Co-Develop and Commercialize Agreement with Stealth for Elamipretide
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