Orion signs Nordic distribution for Oasmia's Paclical

10 December 2007

Sweden's Oasmia Pharmaceutical and Finnish health care firm Orion Corp have entered a license and distribution agreement for marketing and sales of the human cancer drug Paclical (micellar paclitaxel) in the Nordic region, encompassing Sweden, Denmark, Norway, Finland and Iceland.

The product is currently entering Phase III development by Oasmia, with ovarian cancer as the target indication. Orion receives the exclusive rights in the Nordic region to distribute and sell the product. Orion will also have right of first refusal for one more cancer drug candidate in the Oasmia product portfolio in this region.

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