ProStrakan's Sancuso out-licensed by Solasia in Asia

4 March 2010

UK specialty pharmaceutical firm ProStrakan says that Solasia Pharma, the group's partner for Sancuso in various Asian markets, has entered into a license agreement with Japan's Kyowa Hakko Kirin, granting the latter exclusive right to market and sell the product in Taiwan, Hong Kong, Singapore and Malaysia.

Sancuso is a transdermal patch that delivers granisetron, an established 5-HT3 receptor antagonist, steadily into the bloodstream for several days, helping to prevent the side-effects of nausea and vomiting in patients undergoing chemotherapy for up to five consecutive days, without the need for daily injections or having to swallow pills.

Sancuso received a marketing authorization from the US Food and Drug Administration in September 2008 and was launched in the USA in November of that year. The drug generated US sales of £6.1 million ($9.3 million) in its first 10 months on the market. ProStrakan noted in it interim management statement last year that, while original uptake of the drug was good, US sales slowed in the summer and has, as a result, regained some control of marketing from licensee NovaQuest, which also means the UK firm will pay the US company lower royalties.

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