Sanofi to commercialize Vivus ED drug in Africa, Middle East, Turkey and CIS/Russia
US drugmaker Vivus (Nasdaq: VVUS) has entered into a license and commercialization agreement with French pharma major Sanofi (Euronext: SAN) to commercialize the erectile dysfunction drug avanafil on an exclusive basis in Africa, the Middle East, Turkey, and the Commonwealth of Independent States (CIS) including Russia.
Sanofi will be responsible for obtaining regulatory approval in its territories, and intends to market avanafil under the trade name Spedra or Stendra. Vivus has already entered into an accord with the Sanofi Chemie unit to manufacture and supply the active pharmaceutical ingredient for avanafil, on an exclusive basis in the USA and other territories and on a semi-exclusive basis in the European Union and Latin America (The Pharma Letter August 2).
Vivus to get $61 million in upfront and milestone payments
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