Moberg and Karo ink licensing deal for nail fungus treatment
Sweden’s Moberg Pharma (STO: MOB) has entered into an exclusive licensing agreement with Karo Healthcare regarding the commercialization of MOB-015 (Terclara) in Europe.
The deal comprises 19 European markets, enabling a coordinated launch across all key European Union markets and other countries including the UK, under the established antifungal brand, Lamisil.
Karo will be responsible for marketing, distribution and sales throughout Europe. Financial terms of the deal have not been disclosed, but the agreement includes royalties and compensation for delivered products.
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