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Companies Reach Commercialization Deal

Helsinn Group and Denmark’s Pharmacosmos A/S announced that they have reached an agreement for the exclusive U.S. commercialization rights to Monofer®, an innovative intravenous iron replacement therapy under development for the treatment of Iron Deficiency Anemia.
Helsinn received the exclusive rights to commercialize Monofer® and any other iron isomaltoside 1000 products developed by Pharmacosmos in the US. Pharmacosmos is eligible for milestone payments of up to $130 million USD for Monofer® in iron deficiency anemia in the U.S. Pharmacosmos also will be eligible to receive further payments for the manufacture and supply of Monofer® to Helsinn in the US.
Pharmacosmos is known for developing and marketing drugs for treating iron deficiency anemia.
Published: January 9, 2015