Acerus snaps up rights to gynecological pain drug in home country

31 May 2018

Canadian drugmaker Acerus Pharmaceuticals (TSX: ASP) will take forward Pharmanest's gynecological pain relief drug SHACT (short acting lidocaine product) in its home country.

This is the latest out-licensing deal for SHACT signed by Pharmanest, a Karolinska Development portfolio company, with Hungarian drugmaker Gedeon Richter (RICHT: HB) having paid for the rights in Europe, Latin America and in certain other markets.

"SHACT is well-aligned with our strategy of becoming the Canadian leader in women’s health by providing innovative products addressing unmet medical needs"

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