Debiopharm licenses Canadian Sanvar IR rights to Med Futures

3 March 2008

Swiss firm Debiopharm has signed a license and supply agreement with Medical Futures, a Canadian gastroenterology-focused speciality pharmaceutical company, for the local distribution rights to Sanvar IR, an immediate-release formulation of its somatostatin analog Sanvar (vapreotide acetate).

The product, developed by Debiopharm for the treatment of acute esophageal variceal bleeding, is currently under review for approval by Health Canada. In addition to purchasing the product directly from Debiopharm, Medical Futures is responsible for upfront and milestone payments.

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