RedHill Biopharma and IntelGenx in Rizaport deal for Spain
Israel’s RedHill Biopharma (TASE: RDHL) together with Canada’s IntelGenx (TSXV: IGX) today announced the signing of an exclusive license agreement with Grupo Juste for the commercialization of Rizaport in Spain, and a right of first refusal for additional territories.
Rizaport is a proprietary oral thin film formulation of rizatriptan for the treatment of acute migraines. Grupo Juste is a prominent private Spanish company with over 90 years of experience in the research, development and commercialization of proprietary pharmaceutical products, including migraine and other central nervous system (CNS) drugs, in Europe, Latin America and other territories.
Under the terms of the agreement, RedHill granted Grupo Juste the exclusive rights to register and commercialize Rizaport in Spain and a right of first refusal for a predefined term for the territories of Belize, Caribbean, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, the Middle East and Morocco.
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