Nycomed and Almirall Announce Licensing Agreement for Ebastine
OREANDA-NEWS. October 4, 2011. Nycomed and Almirall today announced that they have signed a licensing and supply agreement for Almirall’s R&D antihistamine ebastina, under the trademark Kestine®, indicated for allergic rhinitis and chronic idiopathic urticaria, in
Under the terms of the agreement, Nycomed will have exclusive commercialisation rights for the existing Kestine® product in
Kestine® (ebastine) is a product developed by Almirall’s R&D and which to date has been marketed in more than 30 countries worldwide through the company’s own affiliates and licensees. Its efficacy and safety are backed by thorough, extensive research: over 100 clinical studies have been conducted on over 15,700 patients.
Luciano Conde, Almirall’s Chief Operating Officer, commented: “We are very pleased to extend our collaboration with Nycomed to the Asia Pacific region. This agreement represents a step further in extending the global reach of ebastine to new patients and maximizing its value potential.”
Guido Oelkers, Executive Vice President, Commercial Operations, said: “We are very pleased to have signed this license agreement to further expand our Asia Pacific product portfolio. Almirall’s Kestine is a high quality antihistamine which brings existing sales and potential for growth in
Nycomed has one of the highest proportions of sales from emerging markets among major pharmaceutical companies. The company recently opened offices in
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