ALK partners with Abbott to sell Acarizax in South-East Asia
US health care company Abbott Laboratories (Nasdaq: ABT) has obtained exclusive rights from Danish allergy specialist ALK-Abello to register and sell it house dust mite sublingual allergy immunotherapy (SLIT) tablet, Acarizax, it has been announced.
Under the terms of the deal, Abbott will have the right to register, promote and distribute the product in Hong Kong, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand.
ALK and Abbott will share the revenue generated in the territory where ALK will be responsible for product supply to Abbott, it was confirmed in a statement.
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