May 27 2014
Abiogen Pharma S.p.A. of Pisa Italy and Lee's Pharm jointly announced the agreement for License, Distribution and Supply for marketing of Attila® (Neridronic Acid) throughout China, Hong Kong, Macau and Taiwan.
Under the term of the agreement, Abiogen Pharma S.p.A. granted Lee's Pharm an exclusive license and right for registering, importing, marketing, distributing and selling Attila® in the territory, for the two orphan/rare disease indications Osteogenesis Imperfecta (OI) and Complex Regional Pain Syndrome (CRPS). Neridronate is the only therapeutic agent approved in the world for such orphan diseases: OI (1 in 10,000 in UE) and CRPS (3 in 10,000 in UE). Attila® is registered in Italy and used by patients in 32 European countries under the trade name of Nerixia®. Neridronate showed superior safety profile in long-term use and is highly tolerated by adults and pediatric population. It is the only bisphosphonate indicated for use in neonates and children.
Dr. Massimo Di Martino, President & CEO of Abiogen Pharma said: "I am happy to see that Neridronate could cross political and geographic barriers to benefit the patients. Our partnership with Lee's Pharm will help patients in China and Taiwan to fight critical rare diseases for which there is no other treatment option available."
Dr. Benjamin Li, Lee's Pharm Chief Executive Officer, said: "We're extremely pleased with our partnership with Abiogen Pharma, and excited about the opportunity to work on Neridronate in our territory. This is the fourth orphan drug we have licensed-in and it again demonstrates our commitment to rare diseases."
SOURCE Abiogen Pharma
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