Sandoz to commercialize opioid-induced constipation drug in Europe
The Novartis (NOVN: VX) unit Sandoz has signed an agreement with Japanese drugmaker Shionogi (TYO: 4507) for the commercialization of Rizmoic (naldemedine) in Europe.
Sandoz has acquired the rights to sell the drug in the key European markets of Germany, the UK and the Netherlands, plus right of first refusal for certain other countries in Europe.
Rizmoic, a once-daily 200-microgram oral tablet discovered and developed by Shionogi, is an innovative medicine indicated to treat opioid induced constipation (OIC) in patients previously treated with a laxative.
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