Nxera Pharma and Shionogi partner on Quviviq
Nxera Pharma (TYO: 4565) has entered a new commercial partnership agreement with fellow Japanese drugmaker Shionogi (TYO: 4507) regarding the distribution and sales for Quviviq (daridorexant 25 and 50mg) in Japan.
At the same time, the previous commercialization arrangement between Nxera and Mochida Pharmaceutical (TYO: 4534) has been terminated. After negotiation between Shionogi and Mochida, Shionogi will be solely responsible for distribution and sales activities in Japan.
Quviviq is a novel dual orexin receptor antagonist, discovered by Swiss firm Idorsia (SIX: IDIA), that was approved by Japan’s Ministry of Health, Labor and Welfare of Japan (MHLW) for the treatment of adult patients with insomnia last month.
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