Novartis and Noven sign EstradotT deal
Novartis Pharma AG has signed a marketing agreement with NovenPharmaceuticals to acquire exclusive rights to Estradot (transdermal 17-beta estradiol) in all countries outside the USA, Canada and Japan. Estradot is for the treatment of post- and perimenopausal symptoms and for the prevention of postmenopausal osteoporosis. Novartis and Noven already sell the product as Vivelle-Dot in the USA. Noven will receive an upfront payment of $20 million and additional milestones on approvals.
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