Family-owned Italian drugmaker Zambon and Canada’s Valeo Pharma today announced the approval of Onstryv (safinamide) for the treatment of Parkinson's disease in Canada.
Under the terms of the agreement with Zambon, Valeo Pharma is responsible for all regulatory, quality, sales and marketing, and distribution activities in Canada.
"There is a growing need for new treatments to manage Parkinson's Disease and Onstryv provides an important option for patients that require better control of their symptoms. We look forward to launching the first new oral treatment for Parkinson's Disease in over a decade to Canadian patients in need of a new therapeutic choice," said Steve Saviuk, chief executive of Valeo.
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