Ferring Pharma gains rights for elobixibat from Albireo
Swiss drugmaker Ferring Pharmaceuticals has entered into a licensing agreement with Albireo AB, a Sweden-based biotechnology company spun out from Anglo-Swedish drug major AstraZeneca in 2008, gaining rights to develop and commercialize elobixibat, a first-in-class compound for chronic idiopathic constipation (CIC) and irritable bowel syndrome with constipation (IBS-C).
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