Biotech companies Pharming Group (Euronext: PHARM) and Swedish Orphan Biovitrum (STO: SOBI) have amended and extended the Ruconest (C1 esterase inhibitor) distribution agreement between the two firms.
Pharming is now to focus on direct commercialization in Austria, Germany and the Netherlands, while SOBI will extend its Ruconest sales territory by adding Azerbaijan, Belarus, Georgia, Kazakhstan, Russia, Serbia and Ukraine.
It has recently started hiring a small team of hereditary angioedema commercialization and medical affairs specialists to take over the direct commercialization activities from SOBI for Ruconest in Austria, Germany and the Netherlands. SOBI will continue to deliver Ruconest as before and will continue the drug safety monitoring and reporting during the remaining months of 2014.
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