Fosun Pharma gets rights to tenapanor in China

11 December 2017

USA-based Ardelyx (Nasdaq: ARDX) has inked a license agreement providing Shanghai Fosun Pharma with the exclusive rights to develop and commercialize Ardelyx' lead product, tenapanor, in China for the treatment of patients with irritable bowel syndrome with constipation (IBS-C) and for the treatment of hyperphosphatemia related to chronic kidney disease.

The agreement also provides Fosun Pharma with rights to commercialize tenapanor for other indications for which it is approved in the USA. Tenapanor is an investigational oral, minimally systemic NHE3 inhibitor discovered and developed by Ardelyx.

Deal worth a potential $125 million

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