Zambon and Valeo team up to bring new PD drug to Canada

11 April 2017

Family-owned Zambon, an Italian pharmaceutical company specializing in diseases of the central nervous system (CNS), and Canadian pharmaceutical company Valeo Pharma have reached a licensing agreement to commercialize Xadago (safinamide).

The drug is labelled for use against Parkinson’s disease, as an adjunct to other therapies, in the USA, Europe and Switzerland. It is not currently approved for use in Canada.

Under the terms of the agreement, Valeo Pharma will be responsible for all regulatory, sales and marketing, quality, and distribution activities in Canada.

Valeo Pharma will pay Zambon undisclosed upfront, regulatory and commercial milestone payments as well as royalties on product sales.

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