On the day that the company presented its annual financial results, Almirall (ALM: MC) has announced a license agreement for Seysara (sarecycline) in China.
The Spanish drugmaker has already been commercializing the acne drug for more than a year in the USA, where it was approved by the Food and Drug Administration in October 2018.
Seysara has been developed by US biopharma firm Paratek Pharmaceuticals (Nasdaq: PRTK) and was picked up by Almirall when it acquired Allergan’s US dermatology brands.
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