Meitheal gains rights to Contempo
Chicago, USA-based generic injectables, biologicals and branded products company Meitheal Pharmaceuticals has acquired North America rights to Contempo (fosfomycin for injection) from Nabriva Therapeutics (Nasdaq: NBRV).
Contempo is a novel, intravenous (IV), broad spectrum antibiotic with demonstrated activity against most multi-drug resistant (MDR) strains that cause complicated urinary tract infections (cUTI), noted Meitheal, which is part of Nanjing King-Friend Biochemical Pharmaceutical.
“The strategic addition of Contempo to our robust product portfolio provides us with a novel therapeutic with the potential to address a significant unmet need around increasing antibiotic resistance,” said Tom Shea, chief executive of Meitheal.
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