Menarini sub-licenses Orserdu in China
Privately-held Italian drugmaker Menarini and USA/China-based SciClone Pharmaceuticals (Nasdaq: SCLN) have entered into an exclusive sub-licensing agreement to develop and commercialize Orserdu (elacestrant) in the People’s Republic of China, in an effort to expand treatment options for appropriate metastatic breast cancer (mBC) patients.
Orserdu is a once-daily oral endocrine monotherapy indicated for the treatment of postmenopausal women or adult men, with ER+, HER2-, ESR1-mutated advanced or metastatic breast cancer with disease progression following at least one line of endocrine therapy.
The drug was approved by the US Food and Drug Administration in in January this year under its priority review and fast track designation. In September, Orserdu was also was approved by the European Commission.
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