Ariad Pharma inks two distribution deals for Iclusig

17 June 2016
ariadhuge

Ariad Pharmaceuticals (Nasdaq: ARIA) today announced that it has completed two distribution agreements for its chronic myeloid leukemia (CML) and Philadelphia-chromosome positive acute lymphoblastic leukemia (Ph+ ALL) treatment Iclusig(ponatinib) outside of the USA.

The stock was up 2.36% after the news, hitting $8.23 per share. but fell back to $7.91 by mid-morning today.

In Latin America, Ariad and Pint Pharma International, a company focused on innovative treatments for patients in Latin America with cancer, rare diseases, and genetic disorders, have entered into an agreement for Pint Pharma to commercialize Iclusig in Argentina, Brazil, Chile, Colombia and Mexico.

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