Cardiome Announces Distribution Agreement with Basilea
Cardiome Pharma entered into a distribution and license agreement with Basilea for its antibiotic Zevtera/Mabelio.
Cardiome Pharma (NASDAQ:CRME; TSX:COM) entered into a distribution and license agreement with Basilea for its antibiotic Zevtera/Mabelio.
As quoted in the press release:
Under the terms of the agreement, Basilea has granted Cardiome an exclusive license to commercialize ceftobiprole in 34 European countries and Israel. Cardiome will provide Basilea with an upfront payment and additional milestone payments based upon achievement of certain commercial and regulatory milestones.
As a result of the agreement, Cardiome will be responsible for the registration, promotion and commercialization of Zevtera®/Mabelio® in the covered countries. The drug is currently marketed in Germany, Italy, the United Kingdom, France, Austria and Switzerland. Cardiome plans to commercialize Zevtera®/Mabelio® in every European country where it currently has a direct sales force, with the potential for further distribution and expansion. Zevtera®/Mabelio® has shown sales growth since its launch.
Click here to read the full press release.
Source: www.newswire.ca
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1767.52 | -7.96 | |
Silver | 19.91 | -0.22 | |
Copper | 3.59 | -0.03 | |
Palladium | 2145.00 | 0.00 | |
Platinum | 930.50 | -3.50 | |
Oil | 87.65 | +1.12 | |
Heating Oil | 3.54 | +0.10 | |
Natural Gas | 9.21 | -0.12 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Pharmaceutical Investing Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.