French drugmaker Mitem Pharma, which says it is dedicated to Medicines of Major Therapeutic Interest (MITM), has the worldwide acquisition of Desferal (deferoxamine), a major MITM in hematology, from Swiss giant Novartis.
The drug is an injectable medicine indicated for the treatment of iron overload, which may occur for example following blood transfusions necessary for the treatment of beta-thalassemia and sickle-cell anaemia.
Deferoxamine is included in the World Health Organization (WHO) list of essential medicines.
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