France's Laboratoires Pierre Fabre Dermatologie and USA-based Allergan have entered into a development and licensing agreement for a medical tazarotene-based nail varnish for the treatment of nail psoriasis.
Pierre Fabre Dermatologie holds a formulation patent for the nail varnish and will lead its worldwide development and manufacture, with marketing rights in Europe and neighboring regions. Allergan holds tazarotene compound patents and marketing rights outside the above-mentioned territories. Financial terms of the accord were not disclosed.
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