GSK discontinues alitretinoin US deal with Basilea

22 January 2016

UK pharma major GlaxoSmithKline (LSE: GSK) has informed Switzerland’s Basilea (SIX: BSLN) that it has elected to discontinue its US alitretinoin program.

Global rights to Toctino (alitretinoin) were transferred to Stiefel, a GSK company, in July 2012 (The Pharma Letter June 12, 2012). Basilea has the option to re-acquire the US alitretinoin rights. GSK continues to commercialize Toctino in its current markets.

Toctino is a once-daily oral retinoid and the only prescription medicine specifically approved for the treatment of severe chronic hand eczema unresponsive to potent topical steroids in adults.

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