BRIEF—Camurus and Lilly enter collaboration
Shares of Swedish drugmaker Camurus shot up 23% to 638.50 kronor yesterday on news of that it has entered a collaboration and license agreement with Eli Lilly, granting the US pharma major exclusive, worldwide rights to the research, development, manufacture, and commercialization of long-acting incretin products for cardiometabolic health based on Camurus’ FluidCrystal technology.
The agreement comprises up to four Lilly proprietary drug compounds.
“We are pleased to enter into this collaboration with Lilly to bring innovative long-acting treatment options to people living with obesity, diabetes, and other serious chronic diseases,” said Fredrik Tiberg, president, chief executive and chief scientific officer of Camurus.
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