Marinomed expands distribution of corona virus nasal spray
Austrian drug developer Marinomed Biotech (VSE: MARI) today announced that Carragelose (Iota-/kappa-carrageenan)-based nasal sprays have been out-licensed for the Brazilian and Mexican markets.
Marinomed has entered into an exclusive license agreement with M8 Pharmaceuticals (formerly moksha8). M8 is a specialty pharmaceutical company focused on licensing, marketing, and distributing innovative and established therapeutics in the two largest Latin American markets, Brazil and Mexico. Financial terms of the collaboration are not disclosed.
M8 will be responsible for pursuing the local approvals in Brazil and Mexico, after which the Carragelose nasal spray will be launched under the trade name Barlo, further expanding the geographical reach.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
Free
7 day trial access
- All the news that moves the needle in pharma and biotech
- Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
- Receive The Pharma Letter daily news bulletin, free forever.
Become a subscriber
£820
Or £77 per month
- Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
- Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
- Daily roundup of key events in pharma and biotech.
- Monthly in-depth briefings on Boardroom appointments and M&A news.
- Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
More on this story...
Today's issue
Company Spotlight
More Features in Biotechnology
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze