Finnish drugmaker Orion Corp (Nasdaq OMX: ORNAV) has announced an agreement with China’s Jemincare.
The deal gives Orion exclusive global development and commercialization rights - excluding China - for JMKX000623, a potent and selective NaV 1.8 blocker for the treatment of acute and chronic pain.
Orion will also receive ownership to certain key patent applications relating to the compound within its own territory.
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