Norgine sells certain rights for Camcolit and Somnite to Essential Pharma

11 September 2014

Netherlands-headquartered independent drugmaker Norgine has agreed to sell all rights in the UK for Somnite (nitrazepam mixture oral suspension BP) and the commercial rights in the UK and Ireland for Camcolit (lithium carbonate) to Essential Pharma.

Somnite is a prescription only medicine and is used to treat insomnia and Camcolit is a prescription only medicine for the treatment of mania, manic depressive illnesses and the treatment of aggressive or self-mutilating behavior.

Under the terms of the agreement, financial details f which were not disclosed, Essential Pharmaceuticals will become the Market Authorization holder for Somnite in the UK and Camcolit in the UK and Ireland. Norgine will continue to commercialize Camcolit in countries outside the UK and Ireland but will no longer commercialize Somnite. The financial terms of the divestment are not being disclosed.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical