Specialized Therapeutics sublicenses anti-emetic products to Mundipharma for Australia and New Zealand

8 March 2016

Australia’s Specialized Therapeutics has entered a sublicense agreement enabling the local subsidiary of Mundipharma International to assume all commercialization responsibilities for the anti-emetic products Aloxi (palonosetron hydrochloride) and Akynzeo (netupitant/palonosetron).

Under the terms of the arrangement, Specialized Therapeutics grants Mundipharma exclusive marketing, promotion, distribution and sales rights for these two anti-nausea and vomiting pharmaceutical products in Australia and New Zealand markets.

Aloxi is indicated for the prevention of acute nausea and vomiting associated with chemotherapy and has been commercially available in Australia since 2010 under license from Swiss drugmaker Helsinn Healthcare, which has consented to the sublicense agreement.

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