Japan OKs Shionogi's peramivir; China clears Tianyin's ofloxacin and fleroxacin
Japanese drug major Shionogi has received domestic marketing and manufacturing approval for intravenous peramivir to treat patients with influenza. Shionogi intends to commercially launch peramivir under the name Rapiacta in Japan, pending the product's National Health Insurance (NHI) price listing.
The drug is licensed from USA-based BioCryst Pharmaceuticals which, as a result of the Japanese approval, will receive a third and final regulatory milestone payment of $7 million. BioCryst may also get future commercial event milestones of up to $95 million from Shionogi.
One of the fastest-ever Japanese approvals
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