Amneal hopes for better luck with Ongentys US relaunch
New Jersey, USA-based Amneal Pharmaceuticals (NYSE: AMRX) has agreed terms for a licensing deal with Portugal's largest drugmaker, BIAL.
The agreement will give Amneal exclusive rights to market and distribute Ongentys (opicapone) in the USA, with the expectation that sales will begin at the start of 2024.
The deal comes around six months after erstwhile licensee Neurocrine Biosciences (Nasdaq: NBIX) handed back rights, after several years of struggling to make a commercial success of the product’s US launch.
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