Sanofi and UCB enter US co-promotion deal for Xyzal

1 October 2006

French drug major Sanofi-Aventis and Belgium's UCB have entered into an agreement to co-promote Xyzal (levocetirizine dihydrochloride) in the USA. In July, UCB submitted a New Drug Application for the prescription antihistamine, seeking US Food and Drug Administration approval for seasonal allergic rhinitis, perennial allergic rhinitis and chronic idiopathic urticaria.

Under the terms of the deal, both companies will promote Xyzal but only Sanofi will book the sales in exchange for an upfront payment to UCB and milestones fees at certain stages in its development and commercialization, while profits will be shared equally between them. Further financial details were not disclosed.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight