
US specialty firm Cumberland Pharmaceuticals (Nasdaq: CPIX) has entered into an exclusive agreement to commercialize the oncology support drug Totect (dexrazoxane hydrochloride) in the USA with UK-based Clinigen Group (AIM: CLIN).
This is the second product pharmaceuticals and services company Clinigen has licensed to Cumberland under the strategic alliance established in 2015, following the launch of Ethyol (amifostine) in the USA in September 2016. Financial terms of the collaboration have not been disclosed.
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